| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $346M | $339M | $406M | 2.2% | -14.6% |
| Op. Income | $45M | $32M | $61M | 38.5% | -26.2% |
| Gross Margin | 35.9% | 33.5% | 38.3% | 2.4pp | -2.3pp |
| Net Margin | 7.1% | 6.7% | 9.1% | 0.4pp | -2.0pp |
| EPS (Diluted) | $1.00 | $0.92 | $1.48 | 8.7% | -32.4% |
| Free Cash Flow | $29M | $61M | $17M | -52.9% | 70.4% |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $124M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $14M |
| Operating Expenses | $80M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $24M |
| EBIT | $41M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $346M |
| Cost of Revenue | $222M |
| GROSS PROFIT | $124M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $14M |
| Operating Expenses | $80M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $24M |
| EBIT | $41M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $616.0K |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $50.0K |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $98M |
| Common Stock Repurchased | -$23M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $66M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | $89M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $621M |
| Short-Term Investments | $43.0K |
| Net Receivables | $212M |
| Inventory | $227M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $355M |
| Goodwill | $813M |
| Intangible Assets | $308M |
| Long-Term Investments | $21M |
| Tax Assets | $8M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $107M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $208M |
| Long-Term Debt | $764M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $927M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $256.0K |
| Additional Paid-In Capital | $874M |
| Retained Earnings | $964M |
| Treasury Stock | -$240M |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $131.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $797M |
| Net Debt | $177M |
