| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $468M | $481M | $450M | -2.8% | 4.0% |
| Op. Income | $67M | $74M | $61M | -10.0% | 8.9% |
| Gross Margin | 54.7% | 54.4% | 53.2% | 0.3pp | 1.6pp |
| Net Margin | 9.1% | 10.0% | 9.3% | -0.9pp | -0.1pp |
| EPS (Diluted) | $0.98 | $1.09 | $0.90 | -10.1% | 8.9% |
| Free Cash Flow | $62M | $54M | $82M | 14.3% | -24.8% |
| Item | Amount |
|---|---|
| REVENUE | $468M |
| Cost of Revenue | $212M |
| GROSS PROFIT | $256M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $157M |
| Operating Expenses | $189M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $67M |
| Interest Income | $204.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $10M |
| EBIT | $67M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $468M |
| Cost of Revenue | $212M |
| GROSS PROFIT | $256M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $32M |
| SG&A Expenses | $32M |
| Other Expenses | $157M |
| Operating Expenses | $189M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $67M |
| Interest Income | $204.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $10M |
| EBIT | $67M |
| EBITDA | $77M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $20M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $401M |
| Inventory | $258M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $718M |
| PP&E (Net) | $575M |
| Goodwill | $933M |
| Intangible Assets | $88M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $77M |
| Short-Term Debt | $0 |
| Deferred Revenue | $40M |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $551M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $798M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $493.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $639M |
| Treasury Stock | -$428M |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $825M |
| Net Debt | $775M |
