| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $179M | $160M | $143M | 12.4% | 25.8% |
| Op. Income | $12M | $4M | $6M | 174.2% | 95.7% |
| Gross Margin | 37.0% | 36.1% | 34.8% | 0.9pp | 2.1pp |
| Net Margin | 8.0% | 6.5% | 11.6% | 1.6pp | -3.5pp |
| EPS (Diluted) | $0.20 | $0.15 | $0.23 | 33.3% | -13.0% |
| Free Cash Flow | $3M | $28M | $516.0K | -90.3% | 424.0% |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $66M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $12M |
| Interest Income | $423.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $436.0K |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $8M |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $12M |
| EBIT | $6M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $179M |
| Cost of Revenue | $113M |
| GROSS PROFIT | $66M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $41M |
| Other Expenses | $0 |
| Operating Expenses | $55M |
| Cost & Expenses | $168M |
| OPERATING INCOME | $12M |
| Interest Income | $423.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $436.0K |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $6M |
| Net Income from Discontinued Ops | $8M |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $12M |
| EBIT | $6M |
| EBITDA | $18M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$445M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $51M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$399M |
| Net Debt Issuance | $339M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $331M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $136M |
| Short-Term Investments | $28.0K |
| Net Receivables | $165M |
| Inventory | $110M |
| Other Current Assets | $110M |
| TOTAL CURRENT ASSETS | $521M |
| PP&E (Net) | $96M |
| Goodwill | $491M |
| Intangible Assets | $279M |
| Long-Term Investments | $2M |
| Tax Assets | $23M |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $976M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $71M |
| Short-Term Debt | $10M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $191M |
| Long-Term Debt | $531M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $42M |
| TOTAL NON-CURRENT LIABILITIES | $575M |
| TOTAL LIABILITIES | $767M |
| Common Stock | $854.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$988M |
| Treasury Stock | -$201M |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $730M |
| Minority Interest | $0 |
| TOTAL EQUITY | $730M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $541M |
| Net Debt | $405M |
