| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $532M | $529M | $522M | 0.7% | 1.9% |
| Op. Income | $45M | $50M | $55M | -10.2% | -18.4% |
| Gross Margin | 33.2% | 32.6% | 32.1% | 0.6pp | 1.1pp |
| Net Margin | 6.4% | 6.7% | 8.2% | -0.3pp | -1.8pp |
| EPS (Diluted) | $0.71 | $0.74 | $0.87 | -4.1% | -18.4% |
| Free Cash Flow | $29M | $48M | $54M | -39.7% | -46.8% |
| Item | Amount |
|---|---|
| REVENUE | $532M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $12M |
| Operating Expenses | $132M |
| Cost & Expenses | $487M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $12M |
| EBIT | $45M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $532M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $177M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $12M |
| Operating Expenses | $132M |
| Cost & Expenses | $487M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $12M |
| EBIT | $45M |
| EBITDA | $57M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $421M |
| Inventory | $34M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $489M |
| PP&E (Net) | $191M |
| Goodwill | $465M |
| Intangible Assets | $326M |
| Long-Term Investments | -$20M |
| Tax Assets | $20M |
| Other Non-Current Assets | $167M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $79M |
| Short-Term Debt | $12M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $107M |
| TOTAL CURRENT LIABILITIES | $333M |
| Long-Term Debt | $471M |
| Deferred Revenue NC | $769.0K |
| Deferred Tax Liabilities | $20M |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $655M |
| TOTAL LIABILITIES | $988M |
| Common Stock | $491.0K |
| Additional Paid-In Capital | $448M |
| Retained Earnings | $320M |
| Treasury Stock | -$118M |
| Accum. Other Comp. Income | $50.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $650M |
| Minority Interest | $0 |
| TOTAL EQUITY | $650M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $583M |
| Net Debt | $564M |
