| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $118M | $120M | $114M | -1.8% | 3.6% |
| Op. Income | $16M | $19M | $15M | -12.8% | 12.0% |
| Gross Margin | 34.5% | 35.4% | 33.8% | -0.9pp | 0.7pp |
| Net Margin | 9.7% | 14.7% | 10.2% | -5.0pp | -0.5pp |
| EPS (Diluted) | $0.34 | $0.52 | $0.34 | -34.6% | 0.0% |
| Free Cash Flow | $4M | $8M | $13M | -46.0% | -67.8% |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $41M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $16M |
| Interest Income | $432.0K |
| Interest Expense | $466.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $118M |
| Cost of Revenue | $77M |
| GROSS PROFIT | $41M |
| R&D Expenses | $7M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $101M |
| OPERATING INCOME | $16M |
| Interest Income | $432.0K |
| Interest Expense | $466.0K |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $6M |
| EBIT | $15M |
| EBITDA | $21M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $51.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$849.0K |
| Common Dividends Paid | -$1M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$225.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $82M |
| Inventory | $43M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $242M |
| PP&E (Net) | $123M |
| Goodwill | $71M |
| Intangible Assets | $58M |
| Long-Term Investments | $55M |
| Tax Assets | $21M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $332M |
| TOTAL ASSETS | $574M |
| Account Payables | $53M |
| Short-Term Debt | $2M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $98M |
| Long-Term Debt | $50M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $10M |
| TOTAL NON-CURRENT LIABILITIES | $90M |
| TOTAL LIABILITIES | $187M |
| Common Stock | $308M |
| Additional Paid-In Capital | $40M |
| Retained Earnings | $489M |
| Treasury Stock | -$354M |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $387M |
| Minority Interest | $0 |
| TOTAL EQUITY | $387M |
| TOTAL LIABILITIES & EQUITY | $574M |
| Total Debt | $77M |
| Net Debt | -$23M |
