| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $155M | $162M | $147M | -4.3% | 5.4% |
| Op. Income | $8M | $12M | $8M | -36.3% | -6.4% |
| Gross Margin | 30.5% | 32.0% | 31.2% | -1.5pp | -0.7pp |
| Net Margin | 4.1% | 5.7% | 4.4% | -1.6pp | -0.3pp |
| EPS (Diluted) | $0.21 | $0.31 | $0.21 | -32.3% | 0.0% |
| Free Cash Flow | $5M | $15M | -$6M | -68.2% | 172.4% |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $147M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $911.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $5M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $155M |
| Cost of Revenue | $108M |
| GROSS PROFIT | $47M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $147M |
| OPERATING INCOME | $8M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $911.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $6M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $5M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $6M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $573.0K |
| Deferred Income Tax | -$252.0K |
| Other Non-Cash Items | -$104.0K |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$35M |
| Sales/Maturities of Investments | $35M |
| Other Investing Activities | $316.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $261.0K |
| NET CASH FROM FINANCING | $261.0K |
| FREE CASH FLOW | $5M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $62M |
| Net Receivables | $9M |
| Inventory | $70M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $216M |
| PP&E (Net) | $326M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $329M |
| TOTAL ASSETS | $545M |
| Account Payables | $37M |
| Short-Term Debt | $55M |
| Deferred Revenue | $9M |
| Other Current Liabilities | -$35M |
| TOTAL CURRENT LIABILITIES | $127M |
| Long-Term Debt | $235M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$234M |
| TOTAL NON-CURRENT LIABILITIES | $236M |
| TOTAL LIABILITIES | $363M |
| Common Stock | $30.0K |
| Additional Paid-In Capital | $152M |
| Retained Earnings | $30M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $118.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $182M |
| Minority Interest | $0 |
| TOTAL EQUITY | $182M |
| TOTAL LIABILITIES & EQUITY | $545M |
| Total Debt | $289M |
| Net Debt | $222M |
