| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $218M | $242M | $202M | -9.9% | 8.1% |
| Op. Income | $12M | $26M | $17M | -54.9% | -32.6% |
| Gross Margin | 55.6% | 54.7% | 54.2% | 0.9pp | 1.4pp |
| Net Margin | 0.5% | 6.5% | 5.3% | -6.0pp | -4.8pp |
| EPS (Diluted) | $0.04 | $0.54 | $0.37 | -93.5% | -90.5% |
| Free Cash Flow | -$8M | $20M | $21M | -139.8% | -137.4% |
| Item | Amount |
|---|---|
| REVENUE | $218M |
| Cost of Revenue | $97M |
| GROSS PROFIT | $121M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $99M |
| SG&A Expenses | $99M |
| Other Expenses | $0 |
| Operating Expenses | $110M |
| Cost & Expenses | $207M |
| OPERATING INCOME | $12M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$2M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $1M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $1M |
| D&A | $17M |
| EBIT | $7M |
| EBITDA | $25M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $1M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | -$4M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$365M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$369M |
| Net Debt Issuance | $423M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | $379M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $0 |
| Net Receivables | $172M |
| Inventory | $171M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $391M |
| PP&E (Net) | $117M |
| Goodwill | $615M |
| Intangible Assets | $547M |
| Long-Term Investments | -$77M |
| Tax Assets | $77M |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $54M |
| Short-Term Debt | $14M |
| Deferred Revenue | $30M |
| Other Current Liabilities | $45M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $804M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $77M |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $917M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $313.0K |
| Additional Paid-In Capital | $375M |
| Retained Earnings | $460M |
| Treasury Stock | -$86M |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $693M |
| Minority Interest | $0 |
| TOTAL EQUITY | $693M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $818M |
| Net Debt | $795M |
