| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $229M | $232M | $196M | -1.1% | 16.8% |
| Op. Income | $34M | $35M | $28M | -2.8% | 20.9% |
| Gross Margin | 52.4% | 50.2% | 46.5% | 2.2pp | 5.9pp |
| Net Margin | 9.3% | 9.6% | 8.7% | -0.3pp | 0.6pp |
| EPS (Diluted) | $0.25 | $0.26 | $0.20 | -3.8% | 25.0% |
| Free Cash Flow | $8M | $30M | $26M | -74.5% | -70.8% |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $7M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $229M |
| Cost of Revenue | $109M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $195M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $7M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$11M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$636.0K |
| Other Financing Activities | $644.0K |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $75M |
| Inventory | $209M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $332M |
| PP&E (Net) | $81M |
| Goodwill | $54M |
| Intangible Assets | $91M |
| Long-Term Investments | -$33.0K |
| Tax Assets | $33.0K |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $228M |
| TOTAL ASSETS | $560M |
| Account Payables | $106M |
| Short-Term Debt | $42M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $201M |
| Long-Term Debt | $253M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $271M |
| TOTAL LIABILITIES | $472M |
| Common Stock | $858.0K |
| Additional Paid-In Capital | $281M |
| Retained Earnings | -$194M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$129.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $88M |
| Minority Interest | $0 |
| TOTAL EQUITY | $88M |
| TOTAL LIABILITIES & EQUITY | $560M |
| Total Debt | $295M |
| Net Debt | $260M |
