| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $114M | $101M | $107M | 12.5% | 6.5% |
| Op. Income | $23M | $20M | $22M | 17.7% | 3.9% |
| Gross Margin | 54.5% | 55.4% | 54.8% | -1.0pp | -0.3pp |
| Net Margin | 15.9% | 15.7% | 15.1% | 0.2pp | 0.8pp |
| EPS (Diluted) | $1.30 | $1.14 | $1.15 | 14.0% | 13.0% |
| Free Cash Flow | $15M | $5M | $19M | 240.9% | -19.2% |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $62M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $32M |
| SG&A Expenses | $38M |
| Other Expenses | -$45.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $23M |
| Interest Income | $27.0K |
| Interest Expense | $567.0K |
| Other Income/Expenses | -$585.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $114M |
| Cost of Revenue | $52M |
| GROSS PROFIT | $62M |
| R&D Expenses | $2M |
| Selling & Marketing | $6M |
| General & Administrative | $32M |
| SG&A Expenses | $38M |
| Other Expenses | -$45.0K |
| Operating Expenses | $39M |
| Cost & Expenses | $91M |
| OPERATING INCOME | $23M |
| Interest Income | $27.0K |
| Interest Expense | $567.0K |
| Other Income/Expenses | -$585.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $2M |
| EBIT | $23M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $589.0K |
| Deferred Income Tax | -$101.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$352.0K |
| OPERATING CASH FLOW | $19M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $220.0K |
| Other Investing Activities | $137.0K |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $43M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $161M |
| PP&E (Net) | $42M |
| Goodwill | $95M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $497.0K |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $313M |
| Account Payables | $20M |
| Short-Term Debt | $35M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $85M |
| Long-Term Debt | $61M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $75M |
| TOTAL LIABILITIES | $160M |
| Common Stock | $20.0K |
| Additional Paid-In Capital | $155M |
| Retained Earnings | $374M |
| Treasury Stock | -$344M |
| Accum. Other Comp. Income | -$31M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $153M |
| Minority Interest | $0 |
| TOTAL EQUITY | $153M |
| TOTAL LIABILITIES & EQUITY | $313M |
| Total Debt | $96M |
| Net Debt | $60M |
