| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $402M | $399M | $351M | 0.8% | 14.6% |
| Op. Income | $71M | $68M | $71M | 4.9% | 0.2% |
| Gross Margin | 44.8% | 45.6% | 46.7% | -0.8pp | -1.9pp |
| Net Margin | 20.1% | 12.1% | -8.1% | 8.1pp | 28.2pp |
| EPS (Diluted) | $0.59 | $0.34 | $-0.20 | 73.5% | 395.0% |
| Free Cash Flow | $57M | $56M | $60M | 0.5% | -5.9% |
| Item | Amount |
|---|---|
| REVENUE | $402M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $180M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $17M |
| Operating Expenses | $108M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $71M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | -$21M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $34M |
| EBIT | $69M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $402M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $180M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | $17M |
| Operating Expenses | $108M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $71M |
| Interest Income | $1M |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | -$21M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $34M |
| EBIT | $69M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | -$426.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$111.0K |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $293M |
| Common Stock Repurchased | -$144M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $131M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | $187M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $482M |
| Short-Term Investments | $0 |
| Net Receivables | $222M |
| Inventory | $268M |
| Other Current Assets | $57M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $420M |
| Goodwill | $550M |
| Intangible Assets | $296M |
| Long-Term Investments | $0 |
| Tax Assets | $10M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $93M |
| Short-Term Debt | $4M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $63M |
| TOTAL CURRENT LIABILITIES | $270M |
| Long-Term Debt | $935M |
| Deferred Revenue NC | -$69M |
| Deferred Tax Liabilities | $69M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $838M |
| Retained Earnings | $214M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $939M |
| Net Debt | $457M |
