| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $406M | $402M | $418M | 0.8% | -2.9% |
| Op. Income | $61M | $52M | $38M | 17.5% | 61.5% |
| Gross Margin | 38.3% | 38.4% | 35.8% | -0.1pp | 2.5pp |
| Net Margin | 9.1% | 8.1% | 8.6% | 1.0pp | 0.5pp |
| EPS (Diluted) | $1.48 | $1.29 | $1.45 | 14.7% | 2.1% |
| Free Cash Flow | $17M | $61M | $51M | -72.3% | -67.2% |
| Item | Amount |
|---|---|
| REVENUE | $406M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $155M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $10M |
| Operating Expenses | $95M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $23M |
| EBIT | $52M |
| EBITDA | $75M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $406M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $155M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $63M |
| Other Expenses | $10M |
| Operating Expenses | $95M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $23M |
| EBIT | $52M |
| EBITDA | $75M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$72.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$775.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $607.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $17M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $477M |
| Short-Term Investments | $33.0K |
| Net Receivables | $239M |
| Inventory | $262M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $367M |
| Goodwill | $825M |
| Intangible Assets | $350M |
| Long-Term Investments | $25M |
| Tax Assets | $8M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $129M |
| Short-Term Debt | $10M |
| Deferred Revenue | $23M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $270M |
| Long-Term Debt | $696M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $850M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $254.0K |
| Additional Paid-In Capital | $842M |
| Retained Earnings | $883M |
| Treasury Stock | -$130M |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $131.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $706M |
| Net Debt | $230M |
