| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $496M | $507M | $499M | -2.1% | -0.6% |
| Op. Income | $39M | $31M | $33M | 26.5% | 18.2% |
| Gross Margin | 14.3% | 13.4% | 13.4% | 1.0pp | 1.0pp |
| Net Margin | 6.4% | 5.1% | 4.0% | 1.2pp | 2.3pp |
| EPS (Diluted) | $0.42 | $0.35 | $0.27 | 20.0% | 55.6% |
| Free Cash Flow | $4M | $46M | $3M | -90.6% | 40.6% |
| Item | Amount |
|---|---|
| REVENUE | $496M |
| Cost of Revenue | $425M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $457M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $96M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $496M |
| Cost of Revenue | $425M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $0 |
| Operating Expenses | $32M |
| Cost & Expenses | $457M |
| OPERATING INCOME | $39M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $96M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $2M |
| EBIT | $35M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $305.0K |
| Other Investing Activities | $159.0K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $76M |
| Net Receivables | $342M |
| Inventory | $41M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $508M |
| PP&E (Net) | $13M |
| Goodwill | $51M |
| Intangible Assets | $27M |
| Long-Term Investments | $52M |
| Tax Assets | $21M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $184M |
| TOTAL ASSETS | $693M |
| Account Payables | $61M |
| Short-Term Debt | $30M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $163M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $88M |
| TOTAL LIABILITIES | $252M |
| Common Stock | $753.0K |
| Additional Paid-In Capital | $259M |
| Retained Earnings | $190M |
| Treasury Stock | -$10M |
| Accum. Other Comp. Income | $158.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $441M |
| Minority Interest | $0 |
| TOTAL EQUITY | $441M |
| TOTAL LIABILITIES & EQUITY | $693M |
| Total Debt | $30M |
| Net Debt | $4M |
