| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $313M | $294M | $244M | 6.4% | 28.3% |
| Op. Income | $40M | $38M | $33M | 7.1% | 20.9% |
| Gross Margin | 36.9% | 37.4% | 38.8% | -0.5pp | -2.0pp |
| Net Margin | 2.8% | 5.2% | 2.8% | -2.4pp | -0.1pp |
| EPS (Diluted) | $0.25 | $0.43 | $0.20 | -41.9% | 25.0% |
| Free Cash Flow | $212M | $168M | $130M | 26.0% | 62.8% |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $27M |
| SG&A Expenses | $60M |
| Other Expenses | $15M |
| Operating Expenses | $75M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $313M |
| Cost of Revenue | $197M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $32M |
| General & Administrative | $27M |
| SG&A Expenses | $60M |
| Other Expenses | $15M |
| Operating Expenses | $75M |
| Cost & Expenses | $272M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $4M |
| EBIT | $20M |
| EBITDA | $24M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $187M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $217M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$199M |
| NET CASH FROM INVESTING | -$204M |
| Net Debt Issuance | -$103M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7.0K |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $212M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $839M |
| Inventory | $0 |
| Other Current Assets | $139M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $46M |
| Goodwill | $267M |
| Intangible Assets | $3M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $329M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $26M |
| Short-Term Debt | $2M |
| Deferred Revenue | $6M |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $89M |
| Long-Term Debt | $858M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $39M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $897M |
| TOTAL LIABILITIES | $987M |
| Common Stock | $0 |
| Additional Paid-In Capital | $48M |
| Retained Earnings | $336M |
| Treasury Stock | -$23M |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $348M |
| Minority Interest | $0 |
| TOTAL EQUITY | $348M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $860M |
| Net Debt | $832M |
