| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $978M | 0.9% | 3.5% |
| Op. Income | $133M | $69M | $122M | 93.4% | 9.0% |
| Gross Margin | 34.5% | 34.7% | 34.2% | -0.1pp | 0.3pp |
| Net Margin | 10.0% | 4.4% | 12.0% | 5.6pp | -1.9pp |
| EPS (Diluted) | $0.72 | $0.31 | $0.80 | 132.3% | -10.0% |
| Free Cash Flow | $72M | $81M | $113M | -11.2% | -35.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $349M |
| R&D Expenses | $69M |
| Selling & Marketing | $0 |
| General & Administrative | $122M |
| SG&A Expenses | $122M |
| Other Expenses | $26M |
| Operating Expenses | $216M |
| Cost & Expenses | $879M |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $3.0K |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $51M |
| EBIT | $133M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $663M |
| GROSS PROFIT | $349M |
| R&D Expenses | $69M |
| Selling & Marketing | $0 |
| General & Administrative | $122M |
| SG&A Expenses | $122M |
| Other Expenses | $26M |
| Operating Expenses | $216M |
| Cost & Expenses | $879M |
| OPERATING INCOME | $133M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $3.0K |
| BOTTOM LINE NET INCOME | $101M |
| D&A | $51M |
| EBIT | $133M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $51M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$30.0K |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $860.0K |
| Other Investing Activities | $857.0K |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$99M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $359M |
| Short-Term Investments | $100M |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $487M |
| Goodwill | $2.4B |
| Intangible Assets | $242M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $438M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $168M |
| Short-Term Debt | $0 |
| Deferred Revenue | $138M |
| Other Current Liabilities | $589M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $205M |
| Other Non-Current Liabilities | $318M |
| TOTAL NON-CURRENT LIABILITIES | $523M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $4.8B |
| Treasury Stock | -$4.9B |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $47M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $0 |
| Net Debt | -$359M |
