| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $427M | $394M | $402M | 8.3% | 6.3% |
| Op. Income | $84M | $53M | $71M | 59.3% | 17.9% |
| Gross Margin | 46.3% | 43.2% | 44.8% | 3.1pp | 1.5pp |
| Net Margin | 13.5% | 10.3% | 20.1% | 3.1pp | -6.7pp |
| EPS (Diluted) | $0.42 | $0.30 | $0.59 | 40.0% | -28.8% |
| Free Cash Flow | $103M | -$1M | $57M | 10062.4% | 81.8% |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $229M |
| GROSS PROFIT | $198M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $67M |
| SG&A Expenses | $67M |
| Other Expenses | $16M |
| Operating Expenses | $114M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $84M |
| Interest Income | $632.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $36M |
| EBIT | $84M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $229M |
| GROSS PROFIT | $198M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $67M |
| SG&A Expenses | $67M |
| Other Expenses | $16M |
| Operating Expenses | $114M |
| Cost & Expenses | $343M |
| OPERATING INCOME | $84M |
| Interest Income | $632.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $36M |
| EBIT | $84M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $129M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$145.0K |
| NET CASH FROM FINANCING | -$25M |
| FREE CASH FLOW | $103M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $352M |
| Short-Term Investments | $0 |
| Net Receivables | $234M |
| Inventory | $287M |
| Other Current Assets | $59M |
| TOTAL CURRENT ASSETS | $932M |
| PP&E (Net) | $530M |
| Goodwill | $695M |
| Intangible Assets | $334M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $84M |
| Short-Term Debt | $14M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $264M |
| Long-Term Debt | $932M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $38M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $843M |
| Retained Earnings | $366M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $990M |
| Net Debt | $638M |
