| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $302M | $314M | $275M | -3.9% | 10.1% |
| Op. Income | $42M | $44M | $27M | -4.0% | 56.4% |
| Gross Margin | 37.2% | 36.3% | 35.9% | 0.9pp | 1.3pp |
| Net Margin | 10.5% | 9.4% | 6.7% | 1.1pp | 3.7pp |
| EPS (Diluted) | $0.62 | $0.58 | $0.37 | 6.9% | 67.6% |
| Free Cash Flow | $51M | $46M | $22M | 10.7% | 129.6% |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $112M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $1M |
| Operating Expenses | $70M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $42M |
| Interest Income | $875.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$89.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $27M |
| EBIT | $44M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $302M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $112M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $1M |
| Operating Expenses | $70M |
| Cost & Expenses | $260M |
| OPERATING INCOME | $42M |
| Interest Income | $875.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$89.0K |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $27M |
| EBIT | $44M |
| EBITDA | $69M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $31.0K |
| Other Non-Cash Items | -$37M |
| Change in Working Capital | $70M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $658.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $7M |
| Net Receivables | $215M |
| Inventory | $217M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $781M |
| PP&E (Net) | $441M |
| Goodwill | $136M |
| Intangible Assets | $134M |
| Long-Term Investments | $1M |
| Tax Assets | $32M |
| Other Non-Current Assets | $88M |
| TOTAL NON-CURRENT ASSETS | $832M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $107M |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $256M |
| Long-Term Debt | $187M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $340M |
| TOTAL LIABILITIES | $596M |
| Common Stock | $35M |
| Additional Paid-In Capital | $410M |
| Retained Earnings | $668M |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $969M |
| Minority Interest | $49M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $228M |
| Net Debt | -$73M |
