| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $301M | $306M | $317M | -1.8% | -5.1% |
| Op. Income | $31M | $35M | $37M | -10.7% | -15.5% |
| Gross Margin | 30.3% | 30.9% | 30.8% | -0.5pp | -0.5pp |
| Net Margin | 7.8% | 8.5% | 7.7% | -0.8pp | 0.1pp |
| EPS (Diluted) | $1.24 | $1.39 | $1.29 | -10.8% | -3.9% |
| Free Cash Flow | $21M | $26M | $27M | -18.7% | -20.7% |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $209M |
| GROSS PROFIT | $91M |
| R&D Expenses | $623.0K |
| Selling & Marketing | $50M |
| General & Administrative | $10M |
| SG&A Expenses | $60M |
| Other Expenses | $34M |
| Operating Expenses | $60M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $31M |
| Interest Income | $843.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $12M |
| EBIT | $34M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $209M |
| GROSS PROFIT | $91M |
| R&D Expenses | $623.0K |
| Selling & Marketing | $50M |
| General & Administrative | $10M |
| SG&A Expenses | $60M |
| Other Expenses | $34M |
| Operating Expenses | $60M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $31M |
| Interest Income | $843.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $12M |
| EBIT | $34M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $984.0K |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $211.0K |
| Change in Working Capital | -$519.0K |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $744.0K |
| Purchases of Investments | -$26M |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$117.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$92.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $21M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $21M |
| Net Receivables | $132M |
| Inventory | $113M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $383M |
| PP&E (Net) | $243M |
| Goodwill | $103M |
| Intangible Assets | $58M |
| Long-Term Investments | $144M |
| Tax Assets | $52M |
| Other Non-Current Assets | -$50M |
| TOTAL NON-CURRENT ASSETS | $549M |
| TOTAL ASSETS | $932M |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $55M |
| TOTAL LIABILITIES | $173M |
| Common Stock | $27M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $744M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $759M |
| Minority Interest | $0 |
| TOTAL EQUITY | $759M |
| TOTAL LIABILITIES & EQUITY | $932M |
| Total Debt | $1M |
| Net Debt | -$110M |
