| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $258M | $183M | $149M | 41.0% | 73.5% |
| Op. Income | $21M | $14M | $14M | 44.6% | 51.0% |
| Gross Margin | 16.5% | 16.8% | 16.1% | -0.3pp | 0.4pp |
| Net Margin | 6.5% | 7.9% | 8.6% | -1.4pp | -2.2pp |
| EPS (Diluted) | $0.63 | $0.54 | $0.50 | 16.7% | 26.0% |
| Free Cash Flow | -$4M | $36M | -$14M | -112.3% | 68.1% |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $215M |
| GROSS PROFIT | $43M |
| R&D Expenses | $2M |
| Selling & Marketing | $11.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$241.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $6M |
| EBIT | $20M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $258M |
| Cost of Revenue | $215M |
| GROSS PROFIT | $43M |
| R&D Expenses | $2M |
| Selling & Marketing | $11.0K |
| General & Administrative | $16M |
| SG&A Expenses | $16M |
| Other Expenses | -$241.0K |
| Operating Expenses | $22M |
| Cost & Expenses | $237M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $18M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $6M |
| EBIT | $20M |
| EBITDA | $26M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$127.0K |
| Other Non-Cash Items | $333.0K |
| Change in Working Capital | -$27M |
| OPERATING CASH FLOW | -$784.0K |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$4M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $76M |
| Inventory | $165M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $310M |
| PP&E (Net) | $36M |
| Goodwill | $168M |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $994.0K |
| Other Non-Current Assets | $782.0K |
| TOTAL NON-CURRENT ASSETS | $276M |
| TOTAL ASSETS | $586M |
| Account Payables | $130M |
| Short-Term Debt | $7M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $156M |
| Long-Term Debt | $181M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $3M |
| TOTAL NON-CURRENT LIABILITIES | $195M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $3.0K |
| Additional Paid-In Capital | $222M |
| Retained Earnings | $19M |
| Treasury Stock | -$5M |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $236M |
| Minority Interest | $0 |
| TOTAL EQUITY | $236M |
| TOTAL LIABILITIES & EQUITY | $586M |
| Total Debt | $188M |
| Net Debt | $124M |
