| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $314M | $321M | $268M | -2.0% | 17.1% |
| Op. Income | $44M | $46M | $23M | -4.3% | 87.0% |
| Gross Margin | 36.3% | 35.9% | 35.9% | 0.4pp | 0.4pp |
| Net Margin | 9.4% | 9.6% | -11.4% | -0.2pp | 20.8pp |
| EPS (Diluted) | $0.58 | $0.61 | $-0.62 | -4.9% | 193.5% |
| Free Cash Flow | $46M | $16M | $45M | 182.6% | 1.7% |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $114M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $1M |
| Operating Expenses | $70M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $44M |
| Interest Income | $547.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $4M |
| EBIT | $45M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $314M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $114M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $44M |
| SG&A Expenses | $44M |
| Other Expenses | $1M |
| Operating Expenses | $70M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $44M |
| Interest Income | $547.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $4M |
| EBIT | $45M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$66M |
| Change in Working Capital | $69M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$41.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $735.0K |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $44M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | $46M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $7M |
| Net Receivables | $228M |
| Inventory | $215M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $735M |
| PP&E (Net) | $447M |
| Goodwill | $132M |
| Intangible Assets | $138M |
| Long-Term Investments | $3M |
| Tax Assets | $32M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $792M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $118M |
| Short-Term Debt | $38M |
| Deferred Revenue | $32M |
| Other Current Liabilities | $33M |
| TOTAL CURRENT LIABILITIES | $254M |
| Long-Term Debt | $186M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $295M |
| TOTAL LIABILITIES | $549M |
| Common Stock | $34M |
| Additional Paid-In Capital | $400M |
| Retained Earnings | $637M |
| Treasury Stock | -$38M |
| Accum. Other Comp. Income | -$102M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $931M |
| Minority Interest | $46M |
| TOTAL EQUITY | $977M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $224M |
| Net Debt | -$17M |
