| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $389M | $393M | $353M | -0.9% | 10.3% |
| Op. Income | $37M | $35M | $40M | 5.7% | -7.8% |
| Gross Margin | 15.6% | 15.0% | 18.5% | 0.6pp | -3.0pp |
| Net Margin | 6.1% | 5.5% | -4.3% | 0.5pp | 10.4pp |
| EPS (Diluted) | $1.47 | $1.29 | $-0.91 | 14.0% | 261.5% |
| Free Cash Flow | $17M | $11M | -$9M | 49.1% | 277.7% |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $329M |
| GROSS PROFIT | $61M |
| R&D Expenses | $96M |
| Selling & Marketing | $300.0K |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | -$3M |
| Operating Expenses | $24M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $37M |
| Interest Income | $100.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $12M |
| EBIT | $37M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $389M |
| Cost of Revenue | $329M |
| GROSS PROFIT | $61M |
| R&D Expenses | $96M |
| Selling & Marketing | $300.0K |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | -$3M |
| Operating Expenses | $24M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $37M |
| Interest Income | $100.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $12M |
| EBIT | $37M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $75M |
| Other Investing Activities | $52M |
| NET CASH FROM INVESTING | $31M |
| Net Debt Issuance | -$200.0K |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $37M |
| Net Receivables | $260M |
| Inventory | $215M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $657M |
| PP&E (Net) | $610M |
| Goodwill | $44M |
| Intangible Assets | $32M |
| Long-Term Investments | $0 |
| Tax Assets | $36M |
| Other Non-Current Assets | $40M |
| TOTAL NON-CURRENT ASSETS | $763M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $121M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1M |
| TOTAL CURRENT LIABILITIES | $206M |
| Long-Term Debt | $370M |
| Deferred Revenue NC | $71M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $93M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $679M |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $150M |
| Treasury Stock | -$421M |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $740M |
| Minority Interest | $0 |
| TOTAL EQUITY | $740M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $370M |
| Net Debt | $245M |
