| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $651M | $526M | $508M | 23.8% | 28.2% |
| Op. Income | $132M | -$96M | $84M | 237.7% | 57.0% |
| Gross Margin | 34.0% | 36.3% | 33.3% | -2.4pp | 0.7pp |
| Net Margin | 13.9% | -11.0% | 11.3% | 24.9pp | 2.6pp |
| EPS (Diluted) | $0.20 | $-0.13 | $0.13 | 253.8% | 53.8% |
| Free Cash Flow | $40M | $700.0K | $35M | 5571.4% | 13.1% |
| Item | Amount |
|---|---|
| REVENUE | $651M |
| Cost of Revenue | $430M |
| GROSS PROFIT | $221M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | -$25M |
| Operating Expenses | $89M |
| Cost & Expenses | $519M |
| OPERATING INCOME | $132M |
| Interest Income | $800.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $28M |
| EBIT | $133M |
| EBITDA | $161M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $651M |
| Cost of Revenue | $430M |
| GROSS PROFIT | $221M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $105M |
| Other Expenses | -$25M |
| Operating Expenses | $89M |
| Cost & Expenses | $519M |
| OPERATING INCOME | $132M |
| Interest Income | $800.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $28M |
| EBIT | $133M |
| EBITDA | $161M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$68M |
| Acquisitions (Net) | -$559M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $38M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$596M |
| Net Debt Issuance | $392M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $392M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $183M |
| Short-Term Investments | $0 |
| Net Receivables | $226M |
| Inventory | $288M |
| Other Current Assets | $51M |
| TOTAL CURRENT ASSETS | $772M |
| PP&E (Net) | $1.3B |
| Goodwill | $212M |
| Intangible Assets | $188M |
| Long-Term Investments | $0 |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $258M |
| Short-Term Debt | $465M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $785M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $230M |
| Additional Paid-In Capital | $189M |
| Retained Earnings | $483M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $883M |
| Minority Interest | $0 |
| TOTAL EQUITY | $883M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
