| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $315M | $330M | $360M | -4.5% | -12.5% |
| Op. Income | $68M | $96M | $141M | -28.9% | -51.6% |
| Gross Margin | 47.3% | 50.5% | 56.5% | -3.3pp | -9.2pp |
| Net Margin | 17.5% | 22.9% | 29.5% | -5.4pp | -12.0pp |
| EPS (Diluted) | $1.02 | $1.40 | $1.93 | -27.1% | -47.2% |
| Free Cash Flow | $13M | $86M | $61M | -85.2% | -79.0% |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $149M |
| R&D Expenses | $32M |
| Selling & Marketing | $19M |
| General & Administrative | $27M |
| SG&A Expenses | $46M |
| Other Expenses | $2M |
| Operating Expenses | $81M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $68M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $23M |
| EBIT | $70M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $166M |
| GROSS PROFIT | $149M |
| R&D Expenses | $32M |
| Selling & Marketing | $19M |
| General & Administrative | $27M |
| SG&A Expenses | $46M |
| Other Expenses | $2M |
| Operating Expenses | $81M |
| Cost & Expenses | $247M |
| OPERATING INCOME | $68M |
| Interest Income | $4M |
| Interest Expense | $0 |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $23M |
| EBIT | $70M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | -$178M |
| Sales/Maturities of Investments | $203M |
| Other Investing Activities | $47.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$911.0K |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $549M |
| Short-Term Investments | $481M |
| Net Receivables | $232M |
| Inventory | $418M |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $571M |
| Goodwill | $110M |
| Intangible Assets | $93M |
| Long-Term Investments | $867.0K |
| Tax Assets | $17M |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $834M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $40M |
| Short-Term Debt | $4M |
| Deferred Revenue | $55M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $210M |
| Long-Term Debt | $41M |
| Deferred Revenue NC | -$110M |
| Deferred Tax Liabilities | $107M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $148M |
| TOTAL LIABILITIES | $358M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $747M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$225M |
| Accum. Other Comp. Income | -$158M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $447.0K |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $44M |
| Net Debt | -$504M |
