| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $402M | $439M | $305M | -8.4% | 32.0% |
| Op. Income | $52M | $76M | $51M | -32.3% | 1.7% |
| Gross Margin | 38.4% | 40.9% | 41.5% | -2.5pp | -3.2pp |
| Net Margin | 8.1% | 12.2% | -3.5% | -4.1pp | 11.7pp |
| EPS (Diluted) | $1.29 | $2.10 | $-0.48 | -38.6% | 368.8% |
| Free Cash Flow | $61M | $96M | $70M | -36.3% | -13.5% |
| Item | Amount |
|---|---|
| REVENUE | $402M |
| Cost of Revenue | $248M |
| GROSS PROFIT | $154M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $14M |
| Operating Expenses | $103M |
| Cost & Expenses | $351M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $27M |
| EBIT | $45M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $402M |
| Cost of Revenue | $248M |
| GROSS PROFIT | $154M |
| R&D Expenses | $22M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $14M |
| Operating Expenses | $103M |
| Cost & Expenses | $351M |
| OPERATING INCOME | $52M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $27M |
| EBIT | $45M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $799.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $903.0K |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$903.0K |
| NET CASH FROM FINANCING | -$73M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $490M |
| Short-Term Investments | $34.0K |
| Net Receivables | $235M |
| Inventory | $258M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $340M |
| Goodwill | $827M |
| Intangible Assets | $361M |
| Long-Term Investments | $25M |
| Tax Assets | $7M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $126M |
| Short-Term Debt | $10M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $295M |
| Long-Term Debt | $685M |
| Deferred Revenue NC | $52M |
| Deferred Tax Liabilities | $52M |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $841M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $254.0K |
| Additional Paid-In Capital | $836M |
| Retained Earnings | $857M |
| Treasury Stock | -$116M |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $131.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $695M |
| Net Debt | $205M |
