| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $205M | $201M | $211M | 1.9% | -2.8% |
| Op. Income | $9M | $9M | $14M | -0.9% | -36.0% |
| Gross Margin | 37.5% | 37.3% | 38.7% | 0.1pp | -1.2pp |
| Net Margin | 3.8% | 3.7% | 5.4% | 0.1pp | -1.6pp |
| EPS (Diluted) | $0.65 | $0.59 | $0.83 | 10.2% | -21.7% |
| Free Cash Flow | $7M | $12M | $9M | -44.2% | -22.5% |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $5M |
| Operating Expenses | $68M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $9M |
| Interest Income | $379.0K |
| Interest Expense | $38.0K |
| Other Income/Expenses | $341.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $205M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $77M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $5M |
| Operating Expenses | $68M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $9M |
| Interest Income | $379.0K |
| Interest Expense | $38.0K |
| Other Income/Expenses | $341.0K |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $8M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $8M |
| D&A | $5M |
| EBIT | $9M |
| EBITDA | $14M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $706.0K |
| Deferred Income Tax | $153.0K |
| Other Non-Cash Items | $2.0K |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $9M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | $6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$958.0K |
| Other Financing Activities | -$712.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $29M |
| Short-Term Investments | $43M |
| Net Receivables | $0 |
| Inventory | $131M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $218M |
| PP&E (Net) | $204M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $8M |
| Tax Assets | $7M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $220M |
| TOTAL ASSETS | $438M |
| Account Payables | $64M |
| Short-Term Debt | $41M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $247M |
| Common Stock | $157.0K |
| Additional Paid-In Capital | $92M |
| Retained Earnings | $181M |
| Treasury Stock | -$82M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $191M |
| Minority Interest | $0 |
| TOTAL EQUITY | $191M |
| TOTAL LIABILITIES & EQUITY | $438M |
| Total Debt | $156M |
| Net Debt | $127M |
