| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $733M | $1.4B | $716M | -47.3% | 2.3% |
| Op. Income | $36M | $11M | -$80M | 242.5% | 144.9% |
| Gross Margin | 56.3% | 48.7% | 54.7% | 7.6pp | 1.7pp |
| Net Margin | 3.6% | 0.6% | -15.7% | 3.0pp | 19.4pp |
| EPS (Diluted) | $0.21 | $0.07 | $-0.90 | 200.0% | 123.3% |
| Free Cash Flow | $239M | $435M | $290M | -45.0% | -17.3% |
| Item | Amount |
|---|---|
| REVENUE | $733M |
| Cost of Revenue | $320M |
| GROSS PROFIT | $413M |
| R&D Expenses | $56M |
| Selling & Marketing | $77M |
| General & Administrative | $225M |
| SG&A Expenses | $302M |
| Other Expenses | $18M |
| Operating Expenses | $377M |
| Cost & Expenses | $696M |
| OPERATING INCOME | $36M |
| Interest Income | $8M |
| Interest Expense | $22M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $45M |
| EBIT | $52M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $733M |
| Cost of Revenue | $320M |
| GROSS PROFIT | $413M |
| R&D Expenses | $56M |
| Selling & Marketing | $77M |
| General & Administrative | $225M |
| SG&A Expenses | $302M |
| Other Expenses | $18M |
| Operating Expenses | $377M |
| Cost & Expenses | $696M |
| OPERATING INCOME | $36M |
| Interest Income | $8M |
| Interest Expense | $22M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $45M |
| EBIT | $52M |
| EBITDA | $97M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $179M |
| OPERATING CASH FLOW | $264M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | -$99M |
| NET CASH FROM FINANCING | -$220M |
| FREE CASH FLOW | $239M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $638M |
| Inventory | $492M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $396M |
| Goodwill | $486M |
| Intangible Assets | $682M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $740M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $234M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $949M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $636M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $105M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $4.1B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$282M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $1.7B |
| Net Debt | $512M |
