| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $456M | $469M | $432M | -2.9% | 5.6% |
| Op. Income | $73M | $78M | $54M | -5.7% | 35.3% |
| Gross Margin | 32.3% | 33.6% | 31.4% | -1.2pp | 0.9pp |
| Net Margin | 12.4% | 14.1% | 12.8% | -1.7pp | -0.4pp |
| EPS (Diluted) | $0.75 | $0.88 | $0.73 | -14.8% | 2.7% |
| Free Cash Flow | $76M | $77M | $62M | -0.5% | 23.4% |
| Item | Amount |
|---|---|
| REVENUE | $456M |
| Cost of Revenue | $309M |
| GROSS PROFIT | $147M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $383M |
| OPERATING INCOME | $73M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $25M |
| EBIT | $67M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $456M |
| Cost of Revenue | $309M |
| GROSS PROFIT | $147M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $74M |
| Cost & Expenses | $383M |
| OPERATING INCOME | $73M |
| Interest Income | $1M |
| Interest Expense | $2M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $25M |
| EBIT | $67M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$400.0K |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $396M |
| Short-Term Investments | $0 |
| Net Receivables | $316M |
| Inventory | $230M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $883M |
| Goodwill | $107M |
| Intangible Assets | $29M |
| Long-Term Investments | $97M |
| Tax Assets | $34M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $145M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $88M |
| TOTAL CURRENT LIABILITIES | $335M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $83M |
| TOTAL NON-CURRENT LIABILITIES | $351M |
| TOTAL LIABILITIES | $686M |
| Common Stock | $19M |
| Additional Paid-In Capital | $269M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$127M |
| Accum. Other Comp. Income | -$170M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $268M |
| Net Debt | -$128M |
