| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $378M | $360M | $422M | 5.0% | -10.3% |
| Op. Income | $157M | $157M | $187M | -0.3% | -16.3% |
| Gross Margin | 49.7% | 53.2% | 52.9% | -3.5pp | -3.3pp |
| Net Margin | 29.2% | 103.8% | 42.4% | -74.6pp | -13.2pp |
| EPS (Diluted) | $2.14 | $7.11 | $3.36 | -69.9% | -36.3% |
| Free Cash Flow | $102M | $108M | $171M | -5.3% | -40.4% |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $205M |
| Operating Expenses | $31M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $22M |
| EBIT | $157M |
| EBITDA | $179M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $378M |
| Cost of Revenue | $190M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $205M |
| Operating Expenses | $31M |
| Cost & Expenses | $222M |
| OPERATING INCOME | $157M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $22M |
| EBIT | $157M |
| EBITDA | $179M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$142M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$527.0K |
| NET CASH FROM FINANCING | -$147M |
| FREE CASH FLOW | $102M |
| Net Change in Cash | -$51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $18M |
| Net Receivables | $204M |
| Inventory | $70M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $466M |
| PP&E (Net) | $696M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $195M |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $934M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $42M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $10M |
| TOTAL CURRENT LIABILITIES | $122M |
| Long-Term Debt | $339M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $116M |
| TOTAL NON-CURRENT LIABILITIES | $459M |
| TOTAL LIABILITIES | $581M |
| Common Stock | $533.0K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | $618M |
| Treasury Stock | -$40M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $819M |
| Minority Interest | $0 |
| TOTAL EQUITY | $819M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $339M |
| Net Debt | $184M |
