| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $610M | $561M | $540M | 8.7% | 12.9% |
| Op. Income | $103M | $96M | $82M | 7.3% | 24.8% |
| Gross Margin | 27.4% | 26.8% | 26.4% | 0.6pp | 1.0pp |
| Net Margin | 11.8% | 11.8% | 11.4% | 0.1pp | 0.4pp |
| EPS (Diluted) | $0.84 | $0.76 | $0.68 | 10.5% | 23.5% |
| Free Cash Flow | -$15M | $109M | $3M | -113.9% | -590.3% |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $443M |
| GROSS PROFIT | $167M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $103M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $39M |
| EBIT | $103M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $443M |
| GROSS PROFIT | $167M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $50M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $507M |
| OPERATING INCOME | $103M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $39M |
| EBIT | $103M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$79M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | -$158M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$220M |
| Net Debt Issuance | $212M |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $185M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $378M |
| Inventory | $335M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $782M |
| PP&E (Net) | $1.9B |
| Goodwill | $189M |
| Intangible Assets | $97M |
| Long-Term Investments | $51M |
| Tax Assets | $0 |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $165M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $350M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $282M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $812M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$114M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
