| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $312M | $327M | $301M | -4.5% | 3.7% |
| Op. Income | $31M | $39M | $31M | -20.4% | -0.2% |
| Gross Margin | 29.8% | 31.0% | 30.3% | -1.2pp | -0.5pp |
| Net Margin | 8.4% | 9.4% | 7.8% | -1.1pp | 0.6pp |
| EPS (Diluted) | $1.36 | $1.63 | $1.24 | -16.6% | 9.7% |
| Free Cash Flow | $31M | $35M | $21M | -10.7% | 46.5% |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $93M |
| R&D Expenses | $645.0K |
| Selling & Marketing | $51M |
| General & Administrative | $11M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $40.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $13M |
| EBIT | $33M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $312M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $93M |
| R&D Expenses | $645.0K |
| Selling & Marketing | $51M |
| General & Administrative | $11M |
| SG&A Expenses | $62M |
| Other Expenses | $0 |
| Operating Expenses | $62M |
| Cost & Expenses | $281M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $40.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $13M |
| EBIT | $33M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $27.0K |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $46M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$1.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $9M |
| Other Investing Activities | $603.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$323.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $51M |
| Net Receivables | $141M |
| Inventory | $116M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $506M |
| PP&E (Net) | $253M |
| Goodwill | $103M |
| Intangible Assets | $55M |
| Long-Term Investments | $99M |
| Tax Assets | $62M |
| Other Non-Current Assets | -$59M |
| TOTAL NON-CURRENT ASSETS | $513M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $72M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $64M |
| TOTAL LIABILITIES | $186M |
| Common Stock | $46M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $801M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $834M |
| Minority Interest | $0 |
| TOTAL EQUITY | $834M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $1M |
| Net Debt | -$191M |
