| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $581M | $626M | $553M | -7.2% | 5.0% |
| Op. Income | $38M | $48M | $17M | -19.5% | 131.8% |
| Gross Margin | 13.4% | 14.0% | 11.8% | -0.6pp | 1.6pp |
| Net Margin | 4.4% | 4.9% | 0.8% | -0.6pp | 3.5pp |
| EPS (Diluted) | $0.46 | $0.56 | $0.08 | -17.9% | 475.0% |
| Free Cash Flow | $8M | $19M | $7M | -57.9% | 14.5% |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $503M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $25M |
| SG&A Expenses | $34M |
| Other Expenses | $1M |
| Operating Expenses | $39M |
| Cost & Expenses | $543M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $10M |
| EBIT | $38M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $581M |
| Cost of Revenue | $503M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $9M |
| General & Administrative | $25M |
| SG&A Expenses | $34M |
| Other Expenses | $1M |
| Operating Expenses | $39M |
| Cost & Expenses | $543M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $10M |
| EBIT | $38M |
| EBITDA | $49M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$237.0K |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $747.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $235.0K |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $0 |
| Net Receivables | $178M |
| Inventory | $274M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $621M |
| PP&E (Net) | $211M |
| Goodwill | $311M |
| Intangible Assets | $195M |
| Long-Term Investments | -$32M |
| Tax Assets | $32M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $757M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $189M |
| Short-Term Debt | $0 |
| Deferred Revenue | $19M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $326M |
| Long-Term Debt | $475M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $538M |
| TOTAL LIABILITIES | $864M |
| Common Stock | $750.0K |
| Additional Paid-In Capital | $637M |
| Retained Earnings | $208M |
| Treasury Stock | -$325M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $515M |
| Minority Interest | $0 |
| TOTAL EQUITY | $515M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $480M |
| Net Debt | $359M |
