| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $216M | $221M | $204M | -2.4% | 5.7% |
| Op. Income | $2M | $15M | $18M | -85.1% | -87.6% |
| Gross Margin | 54.0% | 53.3% | 56.9% | 0.7pp | -2.9pp |
| Net Margin | -0.5% | 4.2% | 8.7% | -4.7pp | -9.2pp |
| EPS (Diluted) | $-0.02 | $0.19 | $0.37 | -112.4% | -106.4% |
| Free Cash Flow | -$22M | $51M | -$1M | -144.3% | -1905.5% |
| Item | Amount |
|---|---|
| REVENUE | $216M |
| Cost of Revenue | $99M |
| GROSS PROFIT | $117M |
| R&D Expenses | $28M |
| Selling & Marketing | $55M |
| General & Administrative | $26M |
| SG&A Expenses | $81M |
| Other Expenses | $4M |
| Operating Expenses | $114M |
| Cost & Expenses | $214M |
| OPERATING INCOME | $2M |
| Interest Income | $654.0K |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $22M |
| EBIT | $5M |
| EBITDA | $27M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$1M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | -$10M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$109M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | $196M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$265M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$205M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $219M |
| Other Current Assets | $219M |
| TOTAL CURRENT ASSETS | $414M |
| PP&E (Net) | $149M |
| Goodwill | $635M |
| Intangible Assets | $437M |
| Long-Term Investments | $1M |
| Tax Assets | -$1M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $33M |
| Short-Term Debt | $8M |
| Deferred Revenue | $281M |
| Other Current Liabilities | $225M |
| TOTAL CURRENT LIABILITIES | $601M |
| Long-Term Debt | $576M |
| Deferred Revenue NC | $4M |
| Deferred Tax Liabilities | $48M |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $736M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $60.0K |
| Additional Paid-In Capital | $413M |
| Retained Earnings | $239M |
| Treasury Stock | -$285M |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $366M |
| Minority Interest | $0 |
| TOTAL EQUITY | $366M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $686M |
| Net Debt | $661M |
