| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $216M | $283M | 37.0% | 4.5% |
| Op. Income | $33M | -$14M | $26M | 333.8% | 25.7% |
| Gross Margin | 46.5% | 46.2% | 49.4% | 0.3pp | -2.9pp |
| Net Margin | 8.3% | -5.0% | 5.8% | 13.4pp | 2.5pp |
| EPS (Diluted) | $0.33 | $-1.72 | $0.15 | 119.2% | 120.0% |
| Free Cash Flow | -$74M | $22M | -$48M | -444.8% | -53.9% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $105M |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $33M |
| Interest Income | $195.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $6M |
| EBIT | $32M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $158M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $105M |
| SG&A Expenses | $105M |
| Other Expenses | $0 |
| Operating Expenses | $105M |
| Cost & Expenses | $263M |
| OPERATING INCOME | $33M |
| Interest Income | $195.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $6M |
| EBIT | $32M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$112M |
| OPERATING CASH FLOW | -$64M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $225.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | $95M |
| Common Stock Repurchased | -$53M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | -$74M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $88M |
| Short-Term Investments | $0 |
| Net Receivables | $189M |
| Inventory | $139M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $432M |
| PP&E (Net) | $193M |
| Goodwill | $2M |
| Intangible Assets | $45M |
| Long-Term Investments | $2M |
| Tax Assets | $9M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $258M |
| TOTAL ASSETS | $689M |
| Account Payables | $90M |
| Short-Term Debt | $45M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $222M |
| Long-Term Debt | $215M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $344M |
| TOTAL LIABILITIES | $566M |
| Common Stock | $104.0K |
| Additional Paid-In Capital | $485M |
| Retained Earnings | $146M |
| Treasury Stock | -$452M |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $123M |
| Minority Interest | $0 |
| TOTAL EQUITY | $123M |
| TOTAL LIABILITIES & EQUITY | $689M |
| Total Debt | $385M |
| Net Debt | $296M |
