| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $173M | $169M | $166M | 2.5% | 4.4% |
| Op. Income | $94M | $90M | $90M | 5.0% | 4.4% |
| Gross Margin | 84.1% | 83.6% | 82.3% | 0.5pp | 1.7pp |
| Net Margin | -51.7% | 58.6% | 51.6% | -110.3pp | -103.3pp |
| EPS (Diluted) | $-0.75 | $0.83 | $0.72 | -190.3% | -204.1% |
| Free Cash Flow | $74M | $56M | $74M | 32.3% | -0.5% |
| Item | Amount |
|---|---|
| REVENUE | $173M |
| Cost of Revenue | $28M |
| GROSS PROFIT | $146M |
| R&D Expenses | $0 |
| Selling & Marketing | -$15M |
| General & Administrative | $16M |
| SG&A Expenses | $847.0K |
| Other Expenses | -$88M |
| Operating Expenses | $177M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $94M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$170M |
| INCOME BEFORE TAX | -$75M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | -$90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$90M |
| D&A | $50M |
| EBIT | $94M |
| EBITDA | $145M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$90M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $132M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $715M |
| Short-Term Investments | $2M |
| Net Receivables | $45M |
| Inventory | $0 |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $787M |
| PP&E (Net) | $1.1B |
| Goodwill | $1.8B |
| Intangible Assets | $591M |
| Long-Term Investments | $19M |
| Tax Assets | $0 |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $14M |
| Short-Term Debt | $491M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $591M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $613M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $113M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $751M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $920M |
| Minority Interest | $0 |
| TOTAL EQUITY | $920M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $2.7B |
| Net Debt | $2.0B |
