| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $227M | $152M | $124M | 49.3% | 83.4% |
| Op. Income | $26M | $23M | $19M | 10.6% | 34.6% |
| Gross Margin | 35.7% | 39.3% | 38.6% | -3.6pp | -2.9pp |
| Net Margin | 4.7% | 5.6% | 10.3% | -0.9pp | -5.6pp |
| EPS (Diluted) | $0.11 | $-0.05 | $0.15 | 320.0% | -26.7% |
| Free Cash Flow | -$7M | -$8M | $8M | 12.8% | -184.3% |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $26M |
| Interest Income | $85.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| 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 | $25M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $227M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $201M |
| OPERATING INCOME | $26M |
| Interest Income | $85.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $4M |
| 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 | $25M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$201.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$201.0K |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$10.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $80M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $236M |
| PP&E (Net) | $39M |
| Goodwill | $571M |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $38M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $74M |
| Long-Term Debt | $623M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $78M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $730M |
| TOTAL LIABILITIES | $804M |
| Common Stock | $955.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $112M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | -$977.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $652M |
| Net Debt | $606M |
