| Metric | Q2 2020 | Q1 2020 | Q2 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $323M | $351M | $339M | -7.9% | -4.7% |
| Op. Income | $41M | $46M | $47M | -12.4% | -14.3% |
| Gross Margin | 32.2% | 32.0% | 33.0% | 0.2pp | -0.8pp |
| Net Margin | 9.5% | 5.9% | 10.1% | 3.6pp | -0.6pp |
| EPS (Diluted) | $0.72 | $0.49 | $0.81 | 46.9% | -11.1% |
| Free Cash Flow | $59M | $28M | $44M | 113.2% | 31.9% |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $12M |
| EBIT | $42M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $323M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $41M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $12M |
| EBIT | $42M |
| EBITDA | $54M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$110.0K |
| NET CASH FROM INVESTING | -$861.0K |
| Net Debt Issuance | -$59M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | -$165.0K |
| NET CASH FROM FINANCING | -$75M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $230M |
| Inventory | $389M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $738M |
| PP&E (Net) | $423M |
| Goodwill | $404M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $83M |
| TOTAL NON-CURRENT ASSETS | $935M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $97M |
| Short-Term Debt | $18M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $538M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $47M |
| TOTAL NON-CURRENT LIABILITIES | $599M |
| TOTAL LIABILITIES | $813M |
| Common Stock | $5M |
| Additional Paid-In Capital | $100M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$594M |
| Accum. Other Comp. Income | -$205M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $861M |
| Minority Interest | $0 |
| TOTAL EQUITY | $861M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $556M |
| Net Debt | $535M |
