| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $304M | $306M | $275M | -0.4% | 10.5% |
| Op. Income | -$5M | $55M | -$2M | -108.4% | -152.7% |
| Gross Margin | 9.7% | 29.2% | 12.9% | -19.5pp | -3.2pp |
| Net Margin | -1.4% | 14.6% | 0.1% | -16.0pp | -1.4pp |
| EPS (Diluted) | $-0.17 | $1.74 | $0.01 | -109.8% | -1800.0% |
| Free Cash Flow | $17M | -$1M | $33M | 1368.6% | -49.3% |
| Item | Amount |
|---|---|
| REVENUE | $304M |
| Cost of Revenue | $275M |
| GROSS PROFIT | $29M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $34M |
| Operating Expenses | $34M |
| Cost & Expenses | $309M |
| OPERATING INCOME | -$5M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | -$375.0K |
| Net Income from Continuing Ops | -$4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$4M |
| D&A | $1M |
| EBIT | -$5M |
| EBITDA | -$3M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$4M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $36M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28M |
| Sales/Maturities of Investments | $74M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | $35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$69.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $149M |
| Short-Term Investments | $175.0K |
| Net Receivables | $403M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $552M |
| PP&E (Net) | $116M |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $139M |
| TOTAL ASSETS | $3.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $113M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $25.0K |
| Additional Paid-In Capital | $209M |
| Retained Earnings | $739M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $968M |
| Minority Interest | $0 |
| TOTAL EQUITY | $968M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $0 |
| Net Debt | -$149M |
