| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $743M | $932M | $835M | -20.2% | -11.0% |
| Op. Income | $13M | $26M | $21M | -50.0% | -39.3% |
| Gross Margin | 15.1% | 13.7% | 12.7% | 1.4pp | 2.4pp |
| Net Margin | 1.4% | 2.0% | 1.7% | -0.5pp | -0.3pp |
| EPS (Diluted) | $0.02 | $0.04 | $0.03 | -41.7% | -25.0% |
| Free Cash Flow | $93M | $37M | -$1M | 149.6% | 6927.2% |
| Item | Amount |
|---|---|
| REVENUE | $743M |
| Cost of Revenue | $631M |
| GROSS PROFIT | $112M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $731M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $497.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $743M |
| Cost of Revenue | $631M |
| GROSS PROFIT | $112M |
| R&D Expenses | $45M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $99M |
| Cost & Expenses | $731M |
| OPERATING INCOME | $13M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $497.0K |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $13M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | $66M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $170M |
| Short-Term Investments | $0 |
| Net Receivables | $388M |
| Inventory | $761M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $203M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $6M |
| Tax Assets | $34M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $251M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $332M |
| Short-Term Debt | $23M |
| Deferred Revenue | $126M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $564M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $106M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $694M |
| Common Stock | $345M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $588M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$12.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $913M |
| Minority Interest | $160.0K |
| TOTAL EQUITY | $913M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $23M |
| Net Debt | -$147M |
