| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $221M | $210M | $217M | 5.6% | 2.0% |
| Op. Income | $15M | $16M | $20M | -7.0% | -26.5% |
| Gross Margin | 53.3% | 54.7% | 53.0% | -1.4pp | 0.3pp |
| Net Margin | 4.2% | 5.3% | 14.2% | -1.1pp | -9.9pp |
| EPS (Diluted) | $0.19 | $0.23 | $0.64 | -17.4% | -70.3% |
| Free Cash Flow | $51M | $58M | $43M | -12.3% | 17.0% |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $118M |
| R&D Expenses | $40M |
| Selling & Marketing | $50M |
| General & Administrative | $27M |
| SG&A Expenses | $77M |
| Other Expenses | -$13M |
| Operating Expenses | $103M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $15M |
| Interest Income | $395.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $17M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $221M |
| Cost of Revenue | $103M |
| GROSS PROFIT | $118M |
| R&D Expenses | $40M |
| Selling & Marketing | $50M |
| General & Administrative | $27M |
| SG&A Expenses | $77M |
| Other Expenses | -$13M |
| Operating Expenses | $103M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $15M |
| Interest Income | $395.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $3M |
| EBIT | $17M |
| EBITDA | $20M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $372.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | -$287.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $240M |
| NET CASH FROM FINANCING | $196M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $245M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $88M |
| Inventory | $419M |
| Other Current Assets | $419M |
| TOTAL CURRENT ASSETS | $598M |
| PP&E (Net) | $40M |
| Goodwill | $545M |
| Intangible Assets | $367M |
| Long-Term Investments | $2M |
| Tax Assets | -$2M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.6B |
| Account Payables | $35M |
| Short-Term Debt | $8M |
| Deferred Revenue | $296M |
| Other Current Liabilities | $421M |
| TOTAL CURRENT LIABILITIES | $806M |
| Long-Term Debt | $380M |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $44M |
| Other Non-Current Liabilities | $9M |
| TOTAL NON-CURRENT LIABILITIES | $436M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $59.0K |
| Additional Paid-In Capital | $399M |
| Retained Earnings | $246M |
| Treasury Stock | -$267M |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $374M |
| Minority Interest | $0 |
| TOTAL EQUITY | $374M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $387M |
| Net Debt | $356M |
