| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $466M | $448M | $391M | 4.0% | 19.1% |
| Op. Income | $39M | $37M | $32M | 4.7% | 22.5% |
| Gross Margin | 22.1% | 23.2% | 22.5% | -1.1pp | -0.3pp |
| Net Margin | 2.4% | 2.2% | 2.6% | 0.1pp | -0.2pp |
| EPS (Diluted) | $0.71 | $0.64 | $0.58 | 10.9% | 22.4% |
| Free Cash Flow | $0 | $196M | $0 | -100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $363M |
| GROSS PROFIT | $103M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $427M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $13M |
| EBIT | $39M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $466M |
| Cost of Revenue | $363M |
| GROSS PROFIT | $103M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $427M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $13M |
| EBIT | $39M |
| EBITDA | $52M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $438M |
| Short-Term Investments | $10M |
| Net Receivables | $548M |
| Inventory | $8M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $148M |
| Goodwill | $0 |
| Intangible Assets | $894M |
| Long-Term Investments | $27M |
| Tax Assets | $37M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $125M |
| Short-Term Debt | $204M |
| Deferred Revenue | $104M |
| Other Current Liabilities | $233M |
| TOTAL CURRENT LIABILITIES | $697M |
| Long-Term Debt | $353M |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $56M |
| TOTAL NON-CURRENT LIABILITIES | $547M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $418M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $418M |
| Minority Interest | $472M |
| TOTAL EQUITY | $890M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $663M |
| Net Debt | $225M |
