| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $351M | $341M | $295M | 2.9% | 19.0% |
| Op. Income | $204M | $199M | $157M | 2.2% | 29.6% |
| Gross Margin | 71.4% | 72.6% | 72.1% | -1.2pp | -0.7pp |
| Net Margin | 46.8% | 44.5% | 40.7% | 2.3pp | 6.1pp |
| EPS (Diluted) | $8.65 | $7.79 | $6.17 | 11.0% | 40.2% |
| Free Cash Flow | $225M | $200M | $206M | 12.6% | 9.1% |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $251M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $14M |
| SG&A Expenses | $33M |
| Other Expenses | $15M |
| Operating Expenses | $47M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $204M |
| Interest Income | $2M |
| Interest Expense | $45M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $5M |
| EBIT | $204M |
| EBITDA | $209M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| REVENUE | $351M |
| Cost of Revenue | $100M |
| GROSS PROFIT | $251M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $14M |
| SG&A Expenses | $33M |
| Other Expenses | $15M |
| Operating Expenses | $47M |
| Cost & Expenses | $148M |
| OPERATING INCOME | $204M |
| Interest Income | $2M |
| Interest Expense | $45M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $206M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $164M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $164M |
| D&A | $5M |
| EBIT | $204M |
| EBITDA | $209M |
| EPS | $9 |
| EPS Diluted | $9 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $20M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $230M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$15M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$395M |
| NET CASH FROM INVESTING | -$402M |
| Net Debt Issuance | $416M |
| Common Stock Repurchased | -$109M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $302M |
| FREE CASH FLOW | $225M |
| Net Change in Cash | $130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $6.2B |
| Inventory | $62M |
| Other Current Assets | $423M |
| TOTAL CURRENT ASSETS | $6.6B |
| PP&E (Net) | $43M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $256M |
| Other Non-Current Assets | -$165M |
| TOTAL NON-CURRENT ASSETS | $135M |
| TOTAL ASSETS | $6.7B |
| Account Payables | $192M |
| Short-Term Debt | $12M |
| Deferred Revenue | $21M |
| Other Current Liabilities | -$204M |
| TOTAL CURRENT LIABILITIES | $213M |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $256M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $152M |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $300.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $4.2B |
| Net Debt | $4.2B |
