| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $603M | $313M | $505M | 92.7% | 19.4% |
| Op. Income | $117M | $16M | $103M | 649.3% | 12.6% |
| Gross Margin | 40.5% | 32.6% | 41.1% | 7.9pp | -0.6pp |
| Net Margin | 14.8% | 4.3% | 13.3% | 10.5pp | 1.5pp |
| EPS (Diluted) | $1.59 | $0.24 | $1.21 | 562.5% | 31.4% |
| Free Cash Flow | $151M | -$78M | $132M | 292.7% | 14.2% |
| Item | Amount |
|---|---|
| REVENUE | $603M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $244M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $127M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $117M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $11M |
| EBIT | $117M |
| EBITDA | $128M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $603M |
| Cost of Revenue | $359M |
| GROSS PROFIT | $244M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $127M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $117M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $118M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $11M |
| EBIT | $117M |
| EBITDA | $128M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $1.0K |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $183M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$49M |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $26M |
| Other Investing Activities | $49M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $148M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $252M |
| Short-Term Investments | $85M |
| Net Receivables | $0 |
| Inventory | $244M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $642M |
| PP&E (Net) | $301M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $310M |
| TOTAL ASSETS | $952M |
| Account Payables | $104M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $253M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $84M |
| TOTAL NON-CURRENT LIABILITIES | $84M |
| TOTAL LIABILITIES | $337M |
| Common Stock | $557.0K |
| Additional Paid-In Capital | $353M |
| Retained Earnings | $262M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $615M |
| Minority Interest | $0 |
| TOTAL EQUITY | $615M |
| TOTAL LIABILITIES & EQUITY | $952M |
| Total Debt | $0 |
| Net Debt | -$252M |
