| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $264M | $205M | -23.9% | -1.7% |
| Op. Income | $19M | $51M | $23M | -63.4% | -19.5% |
| Gross Margin | 38.1% | 45.9% | 38.9% | -7.8pp | -0.8pp |
| Net Margin | 7.5% | 15.6% | 8.9% | -8.1pp | -1.5pp |
| EPS (Diluted) | $0.31 | $0.84 | $0.38 | -63.1% | -18.4% |
| Free Cash Flow | $27M | $58M | $16M | -53.7% | 69.1% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $47M |
| General & Administrative | $11M |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $183M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $19M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $47M |
| General & Administrative | $11M |
| SG&A Expenses | $58M |
| Other Expenses | $0 |
| Operating Expenses | $58M |
| Cost & Expenses | $183M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $15M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $15M |
| D&A | $6M |
| EBIT | $19M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $15M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$311.0K |
| Other Non-Cash Items | $11M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $965.0K |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $54M |
| Net Receivables | $6M |
| Inventory | $121M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $385M |
| PP&E (Net) | $472M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16M |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $496M |
| TOTAL ASSETS | $880M |
| Account Payables | $37M |
| Short-Term Debt | $73M |
| Deferred Revenue | $14M |
| Other Current Liabilities | -$41M |
| TOTAL CURRENT LIABILITIES | $167M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $315M |
| TOTAL LIABILITIES | $482M |
| Common Stock | $492.0K |
| Additional Paid-In Capital | $150M |
| Retained Earnings | $248M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $398M |
| Minority Interest | $0 |
| TOTAL EQUITY | $398M |
| TOTAL LIABILITIES & EQUITY | $880M |
| Total Debt | $373M |
| Net Debt | $189M |
