| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $228M | $249M | 15.6% | 6.1% |
| Op. Income | $24M | $12M | $18M | 108.3% | 32.2% |
| Gross Margin | 35.8% | 33.8% | 34.9% | 2.0pp | 0.9pp |
| Net Margin | 7.3% | 4.0% | 5.6% | 3.3pp | 1.7pp |
| EPS (Diluted) | $0.75 | $0.36 | $0.55 | 108.3% | 36.4% |
| Free Cash Flow | -$11M | $20M | -$5M | -155.5% | -123.7% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $275.0K |
| Operating Expenses | $70M |
| Cost & Expenses | $240M |
| OPERATING INCOME | $24M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $6M |
| EBIT | $26M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $275.0K |
| Operating Expenses | $70M |
| Cost & Expenses | $240M |
| OPERATING INCOME | $24M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $6M |
| EBIT | $26M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$906.0K |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$73M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | -$11M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $147M |
| Net Receivables | $17M |
| Inventory | $183M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $390M |
| PP&E (Net) | $417M |
| Goodwill | $58M |
| Intangible Assets | $15M |
| Long-Term Investments | $0 |
| Tax Assets | $7M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $505M |
| TOTAL ASSETS | $895M |
| Account Payables | $73M |
| Short-Term Debt | $60M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $19M |
| TOTAL CURRENT LIABILITIES | $177M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $291M |
| TOTAL LIABILITIES | $468M |
| Common Stock | $159M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $279M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $427M |
| Minority Interest | $0 |
| TOTAL EQUITY | $427M |
| TOTAL LIABILITIES & EQUITY | $895M |
| Total Debt | $347M |
| Net Debt | $315M |
