| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $454M | $437M | $427M | 3.7% | 6.2% |
| Op. Income | $60M | $62M | $47M | -3.6% | 27.9% |
| Gross Margin | 38.3% | 35.6% | 37.5% | 2.7pp | 0.8pp |
| Net Margin | 10.4% | 10.9% | 8.5% | -0.5pp | 1.9pp |
| EPS (Diluted) | $2.46 | $2.48 | $1.85 | -0.8% | 33.0% |
| Free Cash Flow | $35M | $68M | $16M | -48.6% | 114.9% |
| Item | Amount |
|---|---|
| REVENUE | $454M |
| Cost of Revenue | $280M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | -$805.0K |
| Operating Expenses | $114M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $60M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $25M |
| EBIT | $60M |
| EBITDA | $86M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $454M |
| Cost of Revenue | $280M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $88M |
| Other Expenses | -$805.0K |
| Operating Expenses | $114M |
| Cost & Expenses | $394M |
| OPERATING INCOME | $60M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $25M |
| EBIT | $60M |
| EBITDA | $86M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $369.0K |
| Other Non-Cash Items | $280.0K |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $45.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$583.0K |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $349M |
| Short-Term Investments | $0 |
| Net Receivables | $203M |
| Inventory | $276M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $862M |
| PP&E (Net) | $566M |
| Goodwill | $399M |
| Intangible Assets | $75M |
| Long-Term Investments | $0 |
| Tax Assets | $421.0K |
| Other Non-Current Assets | $79M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $67M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $174M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $91M |
| Other Non-Current Liabilities | $107M |
| TOTAL NON-CURRENT LIABILITIES | $197M |
| TOTAL LIABILITIES | $372M |
| Common Stock | $2M |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $0 |
| Net Debt | -$349M |
