| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | — | -9.9% | — |
| Op. Income | $201M | $128M | — | 57.2% | — |
| Gross Margin | 54.6% | 53.2% | — | 1.3pp | — |
| Net Margin | 10.2% | 6.1% | — | 4.1pp | — |
| EPS (Diluted) | $0.37 | $0.25 | — | 48.0% | — |
| Free Cash Flow | $20M | $155M | — | -87.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $652M |
| GROSS PROFIT | $783M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $582M |
| SG&A Expenses | $582M |
| Other Expenses | $0 |
| Operating Expenses | $582M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $201M |
| Interest Income | $4M |
| Interest Expense | $18M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $29M |
| EBIT | $199M |
| EBITDA | $228M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $652M |
| GROSS PROFIT | $783M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $582M |
| SG&A Expenses | $582M |
| Other Expenses | $0 |
| Operating Expenses | $582M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $201M |
| Interest Income | $4M |
| Interest Expense | $18M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $29M |
| EBIT | $199M |
| EBITDA | $228M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$795.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$127M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$100M |
| Sales/Maturities of Investments | $56M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$80M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$55M |
| Other Financing Activities | -$296.0K |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $622M |
| Short-Term Investments | $100M |
| Net Receivables | $634M |
| Inventory | $914M |
| Other Current Assets | $178M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $464M |
| Goodwill | $236M |
| Intangible Assets | $43M |
| Long-Term Investments | $0 |
| Tax Assets | $398M |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.7B |
| Account Payables | $330M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $477M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $376.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$416M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $7M |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $1.0B |
| Net Debt | $419M |
