| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $454M | $528M | $457M | -14.0% | -0.7% |
| Op. Income | $37M | $65M | $42M | -42.6% | -11.7% |
| Gross Margin | 42.5% | 43.6% | 42.3% | -1.0pp | 0.2pp |
| Net Margin | 4.9% | 4.1% | -0.1% | 0.9pp | 5.0pp |
| EPS (Diluted) | $0.41 | $0.75 | $-0.01 | -45.3% | 5640.5% |
| Free Cash Flow | -$55M | $73M | -$56M | -174.6% | 2.3% |
| Item | Amount |
|---|---|
| REVENUE | $454M |
| Cost of Revenue | $261M |
| GROSS PROFIT | $193M |
| R&D Expenses | $14M |
| Selling & Marketing | $41M |
| General & Administrative | $95M |
| SG&A Expenses | $136M |
| Other Expenses | $6M |
| Operating Expenses | $156M |
| Cost & Expenses | $417M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $23M |
| EBIT | $44M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $454M |
| Cost of Revenue | $261M |
| GROSS PROFIT | $193M |
| R&D Expenses | $14M |
| Selling & Marketing | $41M |
| General & Administrative | $95M |
| SG&A Expenses | $136M |
| Other Expenses | $6M |
| Operating Expenses | $156M |
| Cost & Expenses | $417M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $23M |
| EBIT | $44M |
| EBITDA | $66M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$17M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | -$47M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $96M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | $90M |
| Net Debt Issuance | -$117M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$136M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $252M |
| Short-Term Investments | $0 |
| Net Receivables | $243M |
| Inventory | $367M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $947M |
| PP&E (Net) | $385M |
| Goodwill | $1.0B |
| Intangible Assets | $844M |
| Long-Term Investments | -$84M |
| Tax Assets | $84M |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $195M |
| Short-Term Debt | $17M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $183M |
| TOTAL CURRENT LIABILITIES | $463M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | $267M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $737M |
| Treasury Stock | -$795M |
| Accum. Other Comp. Income | -$217M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.2B |
| Net Debt | $919M |
