| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $483M | $328M | -37.2% | -7.5% |
| Op. Income | $21M | $104M | $45M | -79.9% | -53.6% |
| Gross Margin | 50.3% | 48.7% | 50.1% | 1.6pp | 0.2pp |
| Net Margin | 4.0% | 7.0% | 10.7% | -3.0pp | -6.7pp |
| EPS (Diluted) | $0.19 | $0.52 | $0.52 | -63.5% | -63.5% |
| Free Cash Flow | $83M | $118M | $109M | -29.6% | -23.7% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $153M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $132M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $22M |
| EBIT | $22M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $151M |
| GROSS PROFIT | $153M |
| R&D Expenses | $96M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $132M |
| Cost & Expenses | $282M |
| OPERATING INCOME | $21M |
| Interest Income | $2M |
| Interest Expense | $259.0K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $22M |
| EBIT | $22M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $71M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $6M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$59M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$392.0K |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $83M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $236M |
| Short-Term Investments | $26M |
| Net Receivables | $101M |
| Inventory | $206M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $614M |
| PP&E (Net) | $191M |
| Goodwill | $289M |
| Intangible Assets | $112M |
| Long-Term Investments | $172M |
| Tax Assets | $15M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $816M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $140M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $128M |
| TOTAL NON-CURRENT LIABILITIES | $128M |
| TOTAL LIABILITIES | $268M |
| Common Stock | $62.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$139M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | -$236M |
