| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $502M | $342M | $511M | 47.0% | -1.6% |
| Op. Income | $31M | $8M | $30M | 262.0% | 3.4% |
| Gross Margin | 38.9% | 44.2% | 38.9% | -5.3pp | 0.0pp |
| Net Margin | 3.2% | 1.0% | 7.8% | 2.3pp | -4.6pp |
| EPS (Diluted) | $0.50 | $0.10 | $1.24 | 400.0% | -59.7% |
| Free Cash Flow | $89M | -$88M | $107M | 200.8% | -17.2% |
| Item | Amount |
|---|---|
| REVENUE | $502M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $187M |
| General & Administrative | -$30M |
| SG&A Expenses | $157M |
| Other Expenses | $1M |
| Operating Expenses | $165M |
| Cost & Expenses | $472M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $32M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $502M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $187M |
| General & Administrative | -$30M |
| SG&A Expenses | $157M |
| Other Expenses | $1M |
| Operating Expenses | $165M |
| Cost & Expenses | $472M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $32M |
| EBITDA | $39M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $43.0K |
| Other Non-Cash Items | $518.0K |
| Change in Working Capital | $75M |
| OPERATING CASH FLOW | $100M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $329.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$60.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$60.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $89M |
| Net Change in Cash | $87M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $322M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $588M |
| PP&E (Net) | $150M |
| Goodwill | $110M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $523M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $124M |
| Short-Term Debt | $5M |
| Deferred Revenue | $27M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $241M |
| Long-Term Debt | $482M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $547M |
| TOTAL LIABILITIES | $788M |
| Common Stock | $320.0K |
| Additional Paid-In Capital | $353M |
| Retained Earnings | -$17M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $323M |
| Minority Interest | $0 |
| TOTAL EQUITY | $323M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $482M |
| Net Debt | $289M |
