| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $394M | $874M | $401M | -54.9% | -1.6% |
| Op. Income | $32M | $245M | $18M | -87.1% | 72.8% |
| Gross Margin | 51.6% | 53.8% | 48.0% | -2.2pp | 3.6pp |
| Net Margin | 6.1% | 22.5% | 5.1% | -16.4pp | 0.9pp |
| EPS (Diluted) | $0.14 | $1.11 | $0.11 | -87.7% | 24.2% |
| Free Cash Flow | $73M | $433M | $61M | -83.2% | 19.2% |
| Item | Amount |
|---|---|
| REVENUE | $394M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $172M |
| Other Expenses | $0 |
| Operating Expenses | $172M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $32M |
| Interest Income | $3M |
| Interest Expense | $817.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $11M |
| EBIT | $34M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $394M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $172M |
| Other Expenses | $0 |
| Operating Expenses | $172M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $32M |
| Interest Income | $3M |
| Interest Expense | $817.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $11M |
| EBIT | $34M |
| EBITDA | $46M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$153.0K |
| Common Stock Repurchased | -$428.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $545.0K |
| NET CASH FROM FINANCING | -$36.0K |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $590M |
| Short-Term Investments | $0 |
| Net Receivables | $181M |
| Inventory | $279M |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $214M |
| Goodwill | $14M |
| Intangible Assets | $51M |
| Long-Term Investments | $0 |
| Tax Assets | $31M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $332M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $125M |
| Short-Term Debt | $603.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $251M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $101M |
| TOTAL NON-CURRENT LIABILITIES | $132M |
| TOTAL LIABILITIES | $382M |
| Common Stock | $291.0K |
| Additional Paid-In Capital | $178M |
| Retained Earnings | $889M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $32M |
| Net Debt | -$558M |
