| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $365M | $603M | $296M | -39.5% | 23.1% |
| Op. Income | $24M | $117M | $25M | -79.0% | -1.0% |
| Gross Margin | 32.9% | 40.5% | 32.8% | -7.6pp | 0.1pp |
| Net Margin | 7.0% | 14.8% | 7.4% | -7.8pp | -0.3pp |
| EPS (Diluted) | $0.46 | $1.59 | $0.39 | -71.1% | 17.9% |
| Free Cash Flow | -$41M | $151M | $10M | -127.1% | -489.8% |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $245M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $494.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $12M |
| EBIT | $24M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $365M |
| Cost of Revenue | $245M |
| GROSS PROFIT | $120M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $0 |
| Operating Expenses | $96M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $494.0K |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $12M |
| EBIT | $24M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$5.0K |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | $61.7B |
| Purchases of Investments | -$37M |
| Sales/Maturities of Investments | $54M |
| Other Investing Activities | -$61.7B |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$41M |
| Net Change in Cash | -$31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221M |
| Short-Term Investments | $68M |
| Net Receivables | $0 |
| Inventory | $268M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $606M |
| PP&E (Net) | $978M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $987M |
| TOTAL ASSETS | $1.6B |
| Account Payables | $112M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $321M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $635M |
| TOTAL LIABILITIES | $956M |
| Common Stock | $559.0K |
| Additional Paid-In Capital | $348M |
| Retained Earnings | $287M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $636M |
| Minority Interest | $0 |
| TOTAL EQUITY | $636M |
| TOTAL LIABILITIES & EQUITY | $1.6B |
| Total Debt | $745M |
| Net Debt | $524M |
