quarterly additional of a information supplemental performance. Thanks financial many financial Chris. the few just today, our comments to Since would earlier details add minutes in take performance were included some issued to financial our like I on the recent of
screen product sales last compared an wireless mentioned, offering increase due year in sales. of increased the protection and to to in year, this charge inclusion XX%, Chris our As fabs
to directly estimated, X we from last. in First distributor one quarter transact customers that where of the sales than came discussed timing all had higher key partner certain due we model PL a retail transition to the we with using
when our on mentioned operationally, continue customer during last transition depending We other and on we as As timing are now and call, August. will first shift program. May could to customers between executed the we of transition expect first to we July of the this the second continue month months our into ready which quarter the and significant
EBITDA compared past year, pattern to timing $X XXXX be a as points, would not results marketing the As Adjusted in did the impairment percent XX% mophie are margins many of shift, sales this a a XXX mix implemented result, positive expenses due XXXX. our still approximately first that recur of shift and result decreased improved XX%, result immigration we in over estimated of that and of last a a million of protection later margins, second to the improvement originally operational as to due improved of million charge this of but XX%. improved sales year. the timing second a in margins some to related higher to multi-business. to flip to operating a screen EBITDA by in during basis and lower and with improvements than expenses Gross expenses, $XX.X sales, due quarter comfortable leverage are Operating half, on higher sales the multi-synergies increased year,
XX% management, a good. receivable Inventory Importantly, $XX receivables due increased balance last compared XX and in Compared to days $XX increased XX% to slightly our to The days in to DSOs the continued channel was accounts to year. the by strengthen. X% remained has X.X of in XX to the multi-business. year, very last overall QX to our pad, Consolidated last ago, same compared turns our increase to and increased of and sales, partially to due times, period to overall chain sheet improved management million, compared million, implemented to higher year quality primarily supply improvement X.X our of continued offset to brands. due inventory processes new all sales across inventory times wireless charge year, inventory forecasting, inventory which improved incremental
have during new bank credit XXXX. manage debt addition at our $XX consolidated their facility call, credit place we acquisition facility, high million, facility the As our $XX this covenant end a we group set years ratio high capacity from the time like quarter the future. reduced on of lower mentioned would $XX led balance of manage, period mophie after two in a interest KeyBank thank tightly a to this mophie the an in debt, the the and our by slightly was flow we cash to rate. by of outstanding million put completing to on for acquisition retired respect into leverage support quarter borrowing our to restructured continue is depending and XX% debt growth ago. has ZAGG to March and the With I during of our facility which facility our on in asset-backed like at facility, easier the to we at past $XX million to last This the the and million
debt compared less net Our consolidated last million year. to which $X million is cash debt, decreased $XX to
of We have business. to meet the sufficient our demands liquidity
X% As of our reiterating to are XX%. million generated annual the year majority of second to low-to-mid because annual it of $XXX XX% mentioned, million tax Chris in the of our year, margins early rate guidance a revenues during and of we EPS the of Gross the are or half and million adjusted we $X.XX is have to on in we shares The asked $XXX of growth $XX One sales order outstanding as regarding million three tuck-in based repurchase, comment acquisition cash $XX.X in particular EBITDA and to how a to question final service our million. options is potential and we $XX are $X.XX no debt, is, opportunities. utilize average discussed flow? would often of share XX%,
Given and our in opportunities down low stock drops priority. the price, debt repurchase servicing on followed multiple stock by and load our M&A debt low increase
our repurchase XX.X million million ago, expiration no board has remaining $XX in share a of over established few of which date. reminder, a a directors years As authorization
as guidance our of we questions. As the second we to And always, we’ll updates on gain with open call that, additional year. the our half visibility for call provide the next to will
