| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $206M | $210M | $100M | -2.1% | 105.2% |
| Op. Income | $45M | $44M | $7M | 0.6% | 526.7% |
| Gross Margin | 39.2% | 37.1% | 33.3% | 2.2pp | 6.0pp |
| Net Margin | 33.5% | 55.5% | 2.8% | -22.0pp | 30.8pp |
| EPS (Diluted) | $0.50 | $0.88 | $0.02 | -43.2% | 2400.0% |
| Free Cash Flow | $36M | $95M | $16M | -62.2% | 118.6% |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $81M |
| R&D Expenses | $12M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $45M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $4M |
| EBIT | $60M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $206M |
| Cost of Revenue | $125M |
| GROSS PROFIT | $81M |
| R&D Expenses | $12M |
| Selling & Marketing | $12M |
| General & Administrative | $12M |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $161M |
| OPERATING INCOME | $45M |
| Interest Income | $1M |
| Interest Expense | $3M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $4M |
| EBIT | $60M |
| EBITDA | $64M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | $312M |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$16M |
| NET CASH FROM FINANCING | $262M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $298M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $594M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | $35M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $752M |
| PP&E (Net) | $42M |
| Goodwill | $25M |
| Intangible Assets | $29M |
| Long-Term Investments | $93M |
| Tax Assets | $87M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $279M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $35M |
| Short-Term Debt | $104M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $234M |
| Long-Term Debt | $295M |
| Deferred Revenue NC | $106M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $481M |
| TOTAL LIABILITIES | $715M |
| Common Stock | $1.0K |
| Additional Paid-In Capital | $434M |
| Retained Earnings | -$116M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $316M |
| Minority Interest | $0 |
| TOTAL EQUITY | $316M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $410M |
| Net Debt | -$184M |
