| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $487M | $323M | $458M | 50.9% | 6.2% |
| Op. Income | $68M | $33M | $80M | 109.5% | -15.0% |
| Gross Margin | 23.6% | 22.1% | 27.1% | 1.4pp | -3.5pp |
| Net Margin | 10.5% | 4.0% | -1.0% | 6.5pp | 11.4pp |
| EPS (Diluted) | $1.50 | $0.37 | $-0.13 | 305.4% | 1253.8% |
| Free Cash Flow | $700.0K | -$36M | -$13M | 101.9% | 105.4% |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $418M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $51M |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $33M |
| EBIT | $77M |
| EBITDA | $110M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $487M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $46M |
| Cost & Expenses | $418M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $51M |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $33M |
| EBIT | $77M |
| EBITDA | $110M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$200.0K |
| FREE CASH FLOW | $700.0K |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $312M |
| Inventory | $267M |
| Other Current Assets | $116M |
| TOTAL CURRENT ASSETS | $721M |
| PP&E (Net) | $1.1B |
| Goodwill | $351M |
| Intangible Assets | $116M |
| Long-Term Investments | $25M |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $111M |
| Short-Term Debt | $44M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $283M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $101M |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $110M |
| Retained Earnings | $644M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$211M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $540M |
| Minority Interest | $0 |
| TOTAL EQUITY | $540M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
