| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $237M | $178M | $231M | 32.8% | 2.4% |
| Op. Income | $40M | $28M | $43M | 43.7% | -8.5% |
| Gross Margin | 38.5% | 41.1% | 37.9% | -2.6pp | 0.6pp |
| Net Margin | 10.5% | 11.3% | 12.3% | -0.8pp | -1.8pp |
| EPS (Diluted) | $0.96 | $0.77 | $1.10 | 24.7% | -12.7% |
| Free Cash Flow | $55M | $13M | $32M | 318.7% | 73.5% |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $6M |
| Operating Expenses | $52M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $11M |
| EBIT | $35M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $237M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $91M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $6M |
| Operating Expenses | $52M |
| Cost & Expenses | $197M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $11M |
| EBIT | $35M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$96M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | $68M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $65M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $269M |
| Inventory | $129M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $495M |
| PP&E (Net) | $161M |
| Goodwill | $409M |
| Intangible Assets | $393M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $971M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $64M |
| Short-Term Debt | $23M |
| Deferred Revenue | $81M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $252M |
| Long-Term Debt | $265M |
| Deferred Revenue NC | $23M |
| Deferred Tax Liabilities | $65M |
| Other Non-Current Liabilities | $59M |
| TOTAL NON-CURRENT LIABILITIES | $389M |
| TOTAL LIABILITIES | $640M |
| Common Stock | $306.0K |
| Additional Paid-In Capital | $292M |
| Retained Earnings | $685M |
| Treasury Stock | -$107M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $826M |
| Minority Interest | $0 |
| TOTAL EQUITY | $826M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $286M |
| Net Debt | $224M |
