| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $637M | $589M | $680M | 8.2% | -6.4% |
| Op. Income | $29M | $21M | $28M | 39.7% | 2.9% |
| Gross Margin | 26.6% | 26.9% | 27.1% | -0.3pp | -0.5pp |
| Net Margin | 4.2% | 3.3% | 3.6% | 0.9pp | 0.6pp |
| EPS (Diluted) | $0.68 | $0.49 | $0.61 | 38.8% | 11.5% |
| Free Cash Flow | $8M | $10M | $15M | -18.9% | -45.7% |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $468M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $9M |
| Operating Expenses | $140M |
| Cost & Expenses | $608M |
| OPERATING INCOME | $29M |
| Interest Income | $1M |
| Interest Expense | $715.0K |
| Other Income/Expenses | $471.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $9M |
| EBIT | $29M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $637M |
| Cost of Revenue | $468M |
| GROSS PROFIT | $169M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $131M |
| Other Expenses | $9M |
| Operating Expenses | $140M |
| Cost & Expenses | $608M |
| OPERATING INCOME | $29M |
| Interest Income | $1M |
| Interest Expense | $715.0K |
| Other Income/Expenses | $471.0K |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $9M |
| EBIT | $29M |
| EBITDA | $38M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$28M |
| OPERATING CASH FLOW | $16M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $215.0K |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $442.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $19M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $239.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $367M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $426M |
| PP&E (Net) | $98M |
| Goodwill | $236M |
| Intangible Assets | $77M |
| Long-Term Investments | -$3M |
| Tax Assets | $3M |
| Other Non-Current Assets | $294M |
| TOTAL NON-CURRENT ASSETS | $705M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $54M |
| Short-Term Debt | $14M |
| Deferred Revenue | $150M |
| Other Current Liabilities | -$7M |
| TOTAL CURRENT LIABILITIES | $226M |
| Long-Term Debt | $44M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $215M |
| TOTAL NON-CURRENT LIABILITIES | $284M |
| TOTAL LIABILITIES | $510M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $636M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $621M |
| Minority Interest | $0 |
| TOTAL EQUITY | $621M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $69M |
| Net Debt | $45M |
