| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $330M | $356M | $361M | -7.4% | -8.6% |
| Op. Income | $96M | $124M | $148M | -22.5% | -35.2% |
| Gross Margin | 50.5% | 54.8% | 57.8% | -4.3pp | -7.3pp |
| Net Margin | 22.9% | 28.2% | 14.7% | -5.3pp | 8.2pp |
| EPS (Diluted) | $1.40 | $1.84 | $0.96 | -23.9% | 45.8% |
| Free Cash Flow | $86M | $35M | $80M | 146.9% | 7.2% |
| Item | Amount |
|---|---|
| REVENUE | $330M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $167M |
| R&D Expenses | $32M |
| Selling & Marketing | $16M |
| General & Administrative | $28M |
| SG&A Expenses | $44M |
| Other Expenses | -$5M |
| Operating Expenses | $71M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $21M |
| EBIT | $91M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $330M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $167M |
| R&D Expenses | $32M |
| Selling & Marketing | $16M |
| General & Administrative | $28M |
| SG&A Expenses | $44M |
| Other Expenses | -$5M |
| Operating Expenses | $71M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $21M |
| EBIT | $91M |
| EBITDA | $113M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$105M |
| Purchases of Investments | -$199M |
| Sales/Maturities of Investments | $184M |
| Other Investing Activities | $379.0K |
| NET CASH FROM INVESTING | -$146M |
| Net Debt Issuance | -$908.0K |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $529.0K |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | -$103M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $544M |
| Short-Term Investments | $500M |
| Net Receivables | $256M |
| Inventory | $404M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $543M |
| Goodwill | $101M |
| Intangible Assets | $87M |
| Long-Term Investments | $5M |
| Tax Assets | $19M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $769M |
| TOTAL ASSETS | $2.6B |
| Account Payables | $36M |
| Short-Term Debt | $4M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $246M |
| Long-Term Debt | $42M |
| Deferred Revenue NC | $81M |
| Deferred Tax Liabilities | $81M |
| Other Non-Current Liabilities | -$81M |
| TOTAL NON-CURRENT LIABILITIES | $122M |
| TOTAL LIABILITIES | $368M |
| Common Stock | $5.0K |
| Additional Paid-In Capital | $745M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$225M |
| Accum. Other Comp. Income | -$163M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $686.0K |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $45M |
| Net Debt | -$499M |
