| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | -1.2% | -0.4% |
| Op. Income | $163M | $148M | $156M | 10.0% | 4.6% |
| Gross Margin | 79.4% | 81.0% | 79.6% | -1.6pp | -0.2pp |
| Net Margin | 8.2% | 4.1% | 7.0% | 4.1pp | 1.2pp |
| EPS (Diluted) | $0.66 | $0.34 | $0.54 | 94.1% | 22.2% |
| Free Cash Flow | $12M | $110M | $141M | -89.6% | -91.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $242M |
| GROSS PROFIT | $931M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $435M |
| Other Expenses | $9M |
| Operating Expenses | $768M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $24M |
| EBIT | $157M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $242M |
| GROSS PROFIT | $931M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $435M |
| Other Expenses | $9M |
| Operating Expenses | $768M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $163M |
| Interest Income | $0 |
| Interest Expense | $36M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $135M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $96M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $96M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $96M |
| D&A | $24M |
| EBIT | $157M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $96M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $400.0K |
| Other Non-Cash Items | $17M |
| Change in Working Capital | -$110M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $800.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $12M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $93M |
| Inventory | $408M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $532M |
| Goodwill | $92M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $214M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $83M |
| Short-Term Debt | $686M |
| Deferred Revenue | $65M |
| Other Current Liabilities | $633M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $143M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $334M |
| Retained Earnings | -$430M |
| Treasury Stock | -$329M |
| Accum. Other Comp. Income | -$204M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$618M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$618M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $2.6B |
| Net Debt | $1.4B |
