| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $600M | $521M | $554M | 15.1% | 8.4% |
| Op. Income | $120M | $88M | $106M | 36.8% | 12.9% |
| Gross Margin | 49.6% | 48.7% | 49.3% | 0.9pp | 0.3pp |
| Net Margin | 11.4% | 11.8% | 14.1% | -0.3pp | -2.7pp |
| EPS (Diluted) | $0.44 | $0.39 | $0.50 | 12.8% | -12.0% |
| Free Cash Flow | $108M | $36M | $112M | 198.3% | -3.6% |
| Item | Amount |
|---|---|
| REVENUE | $600M |
| Cost of Revenue | $302M |
| GROSS PROFIT | $298M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | -$400.0K |
| Operating Expenses | $177M |
| Cost & Expenses | $480M |
| OPERATING INCOME | $120M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $18M |
| EBIT | $114M |
| EBITDA | $133M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $600M |
| Cost of Revenue | $302M |
| GROSS PROFIT | $298M |
| R&D Expenses | $47M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $130M |
| Other Expenses | -$400.0K |
| Operating Expenses | $177M |
| Cost & Expenses | $480M |
| OPERATING INCOME | $120M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $18M |
| EBIT | $114M |
| EBITDA | $133M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $46M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $282M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$600.0K |
| NET CASH FROM FINANCING | $278M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $382M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $678M |
| Short-Term Investments | $7M |
| Net Receivables | $362M |
| Inventory | $577M |
| Other Current Assets | $172M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $372M |
| Goodwill | $293M |
| Intangible Assets | $233M |
| Long-Term Investments | $0 |
| Tax Assets | $61M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $975M |
| TOTAL ASSETS | $2.8B |
| Account Payables | $118M |
| Short-Term Debt | $500.0K |
| Deferred Revenue | $241M |
| Other Current Liabilities | $120M |
| TOTAL CURRENT LIABILITIES | $646M |
| Long-Term Debt | $813M |
| Deferred Revenue NC | $43M |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $236M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $200M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$544M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $907M |
| Minority Interest | $31M |
| TOTAL EQUITY | $938M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $881M |
| Net Debt | $203M |
