| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | -0.4% | 7.4% |
| Op. Income | $100M | $80M | $67M | 24.0% | 48.0% |
| Gross Margin | 8.5% | 6.9% | 6.2% | 1.7pp | 2.3pp |
| Net Margin | 6.8% | 4.4% | 3.9% | 2.3pp | 2.9pp |
| EPS (Diluted) | $3.10 | $2.05 | $1.67 | 51.2% | 85.6% |
| Free Cash Flow | $74M | $61M | $72M | 21.2% | 2.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $19M |
| EBIT | $100M |
| EBITDA | $118M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $79M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $79M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $79M |
| D&A | $19M |
| EBIT | $100M |
| EBITDA | $118M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $79M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $579.0K |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$90M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$409.0K |
| NET CASH FROM INVESTING | -$100M |
| Net Debt Issuance | $33M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | $74M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $0 |
| Net Receivables | $946M |
| Inventory | -$412.0K |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $110M |
| Goodwill | $2.7B |
| Intangible Assets | $241M |
| Long-Term Investments | -$218M |
| Tax Assets | $218M |
| Other Non-Current Assets | $145M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $135M |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $186M |
| TOTAL CURRENT LIABILITIES | $622M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $218M |
| Other Non-Current Liabilities | $172M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $559M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$21M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.1B |
| Net Debt | $1.0B |
