| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $516M | $181M | $403M | 185.7% | 28.0% |
| Op. Income | $71M | -$43M | $89M | 264.6% | -20.6% |
| Gross Margin | 45.4% | 38.6% | 49.7% | 6.9pp | -4.3pp |
| Net Margin | 9.4% | -15.8% | 15.6% | 25.2pp | -6.2pp |
| EPS (Diluted) | $0.50 | $-0.30 | $0.65 | 266.7% | -23.1% |
| Free Cash Flow | -$150M | -$39M | -$117M | -281.4% | -28.0% |
| Item | Amount |
|---|---|
| REVENUE | $516M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $235M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $164M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $71M |
| Interest Income | $189.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $17M |
| EBIT | $68M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $516M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $235M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $0 |
| Operating Expenses | $164M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $71M |
| Interest Income | $189.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $17M |
| EBIT | $68M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | -$199M |
| OPERATING CASH FLOW | -$139M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $15.0K |
| Purchases of Investments | -$463M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$474M |
| Net Debt Issuance | $652M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$953.0K |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $624M |
| FREE CASH FLOW | -$150M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $295M |
| Inventory | $382M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $823M |
| PP&E (Net) | $248M |
| Goodwill | $210M |
| Intangible Assets | $497M |
| Long-Term Investments | $72M |
| Tax Assets | $73M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $210M |
| Short-Term Debt | $250M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $518M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $85M |
| Other Non-Current Liabilities | -$92M |
| TOTAL NON-CURRENT LIABILITIES | $664M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $956.0K |
| Additional Paid-In Capital | $326M |
| Retained Earnings | $461M |
| Treasury Stock | -$27M |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $742M |
| Minority Interest | $9M |
| TOTAL EQUITY | $751M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $921M |
| Net Debt | $842M |
