| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $461M | $554M | — | -16.7% | — |
| Op. Income | $42M | $106M | — | -60.6% | — |
| Gross Margin | 46.5% | 49.3% | — | -2.7pp | — |
| Net Margin | 6.7% | 14.1% | — | -7.4pp | — |
| EPS (Diluted) | $0.20 | $0.50 | — | -60.0% | — |
| Free Cash Flow | $4M | $112M | — | -96.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $461M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $215M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $0 |
| Operating Expenses | $167M |
| Cost & Expenses | $413M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $19M |
| EBIT | $48M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $461M |
| Cost of Revenue | $247M |
| GROSS PROFIT | $215M |
| R&D Expenses | $46M |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $0 |
| Operating Expenses | $167M |
| Cost & Expenses | $413M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $31M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $31M |
| D&A | $19M |
| EBIT | $48M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $31M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$200.0K |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $299M |
| Short-Term Investments | $0 |
| Net Receivables | $360M |
| Inventory | $542M |
| Other Current Assets | $143M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $345M |
| Goodwill | $275M |
| Intangible Assets | $279M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $899M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $127M |
| Short-Term Debt | $3M |
| Deferred Revenue | $132M |
| Other Current Liabilities | $371M |
| TOTAL CURRENT LIABILITIES | $633M |
| Long-Term Debt | $332M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $298M |
| TOTAL NON-CURRENT LIABILITIES | $688M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | -$402M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $1.3B |
| TOTAL STOCKHOLDERS' EQUITY | $922M |
| Minority Interest | $8M |
| TOTAL EQUITY | $930M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $393M |
| Net Debt | $94M |
