| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $319M | $318M | $325M | 0.3% | -1.8% |
| Op. Income | $34M | $39M | $45M | -13.5% | -25.9% |
| Gross Margin | 30.4% | 32.2% | 32.7% | -1.8pp | -2.3pp |
| Net Margin | -5.3% | 10.0% | 10.1% | -15.4pp | -15.4pp |
| EPS (Diluted) | $-0.40 | $0.75 | $0.78 | -153.3% | -151.3% |
| Free Cash Flow | $37M | $42M | $58M | -12.7% | -37.0% |
| Item | Amount |
|---|---|
| REVENUE | $319M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $97M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $63M |
| Cost & Expenses | $285M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | -$19M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$17M |
| D&A | $13M |
| EBIT | -$14M |
| EBITDA | -$1M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$17M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $77.0K |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$32M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$17M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$48M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $213M |
| Inventory | $423M |
| Other Current Assets | $91M |
| TOTAL CURRENT ASSETS | $788M |
| PP&E (Net) | $437M |
| Goodwill | $407M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $952M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $95M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $598M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $657M |
| TOTAL LIABILITIES | $859M |
| Common Stock | $5M |
| Additional Paid-In Capital | $98M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$595M |
| Accum. Other Comp. Income | -$163M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $882M |
| Minority Interest | $0 |
| TOTAL EQUITY | $882M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $619M |
| Net Debt | $598M |
