| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $453M | $455M | $460M | -0.5% | -1.6% |
| Op. Income | $55M | $82M | $45M | -33.1% | 21.1% |
| Gross Margin | 43.6% | 42.1% | 43.1% | 1.5pp | 0.5pp |
| Net Margin | 1.9% | 16.4% | 5.0% | -14.5pp | -3.1pp |
| EPS (Diluted) | $0.03 | $0.29 | $0.09 | -89.7% | -66.7% |
| Free Cash Flow | $36M | $60M | -$155M | -39.7% | 123.3% |
| Item | Amount |
|---|---|
| REVENUE | $453M |
| Cost of Revenue | $255M |
| GROSS PROFIT | $197M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $125M |
| SG&A Expenses | $125M |
| Other Expenses | $400.0K |
| Operating Expenses | $143M |
| Cost & Expenses | $398M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $200.0K |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $40M |
| EBIT | $55M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $453M |
| Cost of Revenue | $255M |
| GROSS PROFIT | $197M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $125M |
| SG&A Expenses | $125M |
| Other Expenses | $400.0K |
| Operating Expenses | $143M |
| Cost & Expenses | $398M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $200.0K |
| Other Adjustments | $0 |
| NET INCOME | $9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $9M |
| D&A | $40M |
| EBIT | $55M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $9M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $318M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $283M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $307M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $497M |
| Short-Term Investments | $0 |
| Net Receivables | $354M |
| Inventory | $213M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $257M |
| Goodwill | $2.1B |
| Intangible Assets | $895M |
| Long-Term Investments | -$115M |
| Tax Assets | $115M |
| Other Non-Current Assets | $137M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $102M |
| Short-Term Debt | $328M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $174M |
| TOTAL CURRENT LIABILITIES | $603M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $115M |
| Other Non-Current Liabilities | $192M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.5B |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | -$335M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.8B |
| Net Debt | $1.3B |
