| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $537M | $620M | $531M | -13.4% | 1.0% |
| Op. Income | $85M | -$159M | $102M | 153.8% | -16.4% |
| Gross Margin | 51.5% | 51.2% | 56.0% | 0.3pp | -4.5pp |
| Net Margin | 10.2% | 11.4% | 12.0% | -1.2pp | -1.8pp |
| EPS (Diluted) | $0.30 | $0.38 | $0.35 | -22.6% | -14.5% |
| Free Cash Flow | $86M | $89M | $79M | -4.2% | 9.1% |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $260M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $92M |
| General & Administrative | $35M |
| SG&A Expenses | $127M |
| Other Expenses | -$987.0K |
| Operating Expenses | $191M |
| Cost & Expenses | $451M |
| OPERATING INCOME | $85M |
| Interest Income | $5.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | -$83 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $28M |
| EBIT | $85M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $537M |
| Cost of Revenue | $260M |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $92M |
| General & Administrative | $35M |
| SG&A Expenses | $127M |
| Other Expenses | -$987.0K |
| Operating Expenses | $191M |
| Cost & Expenses | $451M |
| OPERATING INCOME | $85M |
| Interest Income | $5.6K |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | -$83 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $28M |
| EBIT | $85M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $33M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $115M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$53M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $384M |
| Short-Term Investments | $0 |
| Net Receivables | $251M |
| Inventory | $259M |
| Other Current Assets | $365M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $1.2B |
| Goodwill | $135M |
| Intangible Assets | $130M |
| Long-Term Investments | $159M |
| Tax Assets | -$424M |
| Other Non-Current Assets | $488M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $254M |
| Short-Term Debt | $74M |
| Deferred Revenue | -$254M |
| Other Current Liabilities | $350M |
| TOTAL CURRENT LIABILITIES | $678M |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $434M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $633M |
| Additional Paid-In Capital | $633M |
| Retained Earnings | $970M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$187M |
| Other Equity | -$633M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $124M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $339M |
| Net Debt | -$45M |
