| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $549M | $340M | $502M | 61.6% | 9.4% |
| Op. Income | $40M | $11M | $31M | 265.2% | 29.7% |
| Gross Margin | 39.8% | 45.3% | 38.9% | -5.5pp | 0.9pp |
| Net Margin | 4.6% | 1.1% | 3.2% | 3.6pp | 1.4pp |
| EPS (Diluted) | $0.78 | $0.11 | $0.50 | 609.1% | 56.0% |
| Free Cash Flow | $142M | -$146M | $89M | 197.4% | 59.8% |
| Item | Amount |
|---|---|
| REVENUE | $549M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $195M |
| General & Administrative | -$25M |
| SG&A Expenses | $169M |
| Other Expenses | $273.0K |
| Operating Expenses | $179M |
| Cost & Expenses | $510M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| 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 | $8M |
| EBIT | $40M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $549M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $195M |
| General & Administrative | -$25M |
| SG&A Expenses | $169M |
| Other Expenses | $273.0K |
| Operating Expenses | $179M |
| Cost & Expenses | $510M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $9M |
| 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 | $8M |
| EBIT | $40M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $60.0K |
| Change in Working Capital | $115M |
| OPERATING CASH FLOW | $152M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $906.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$81M |
| Common Stock Repurchased | -$50.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$50.0K |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $142M |
| Net Change in Cash | $62M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $51M |
| Inventory | $376M |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $545M |
| PP&E (Net) | $196M |
| Goodwill | $110M |
| Intangible Assets | $257M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $5M |
| TOTAL NON-CURRENT ASSETS | $568M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $158M |
| Short-Term Debt | $11M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $41M |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $379M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $482M |
| TOTAL LIABILITIES | $765M |
| Common Stock | $324.0K |
| Additional Paid-In Capital | $361M |
| Retained Earnings | $390.0K |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $348M |
| Minority Interest | $0 |
| TOTAL EQUITY | $348M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $435M |
| Net Debt | $358M |
