| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $298M | $229M | $241M | 29.9% | 23.4% |
| Op. Income | $12M | $34M | $38M | -64.8% | -68.1% |
| Gross Margin | 54.5% | 52.4% | 50.3% | 2.1pp | 4.3pp |
| Net Margin | 1.6% | 9.3% | 10.4% | -7.7pp | -8.8pp |
| EPS (Diluted) | $0.05 | $0.25 | $0.30 | -78.2% | -81.8% |
| Free Cash Flow | $53M | $8M | $49M | 595.3% | 6.2% |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $150M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $298M |
| Cost of Revenue | $135M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $150M |
| Other Expenses | $0 |
| Operating Expenses | $150M |
| Cost & Expenses | $286M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $8M |
| EBIT | $12M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$64M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $64M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $83M |
| Inventory | $186M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $120M |
| Goodwill | $54M |
| Intangible Assets | $91M |
| Long-Term Investments | -$1M |
| Tax Assets | $1M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $269M |
| TOTAL ASSETS | $630M |
| Account Payables | $84M |
| Short-Term Debt | $15M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $170M |
| Long-Term Debt | $282M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $337M |
| TOTAL LIABILITIES | $508M |
| Common Stock | $868.0K |
| Additional Paid-In Capital | $311M |
| Retained Earnings | -$190M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $4.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $122M |
| Minority Interest | $0 |
| TOTAL EQUITY | $122M |
| TOTAL LIABILITIES & EQUITY | $630M |
| Total Debt | $347M |
| Net Debt | $274M |
