| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $339M | $362M | $402M | -6.5% | -15.8% |
| Op. Income | $32M | $47M | $52M | -31.5% | -37.4% |
| Gross Margin | 33.5% | 36.2% | 38.4% | -2.7pp | -4.8pp |
| Net Margin | 6.7% | 9.8% | 8.1% | -3.2pp | -1.4pp |
| EPS (Diluted) | $0.92 | $1.44 | $1.29 | -36.1% | -28.7% |
| Free Cash Flow | $61M | $68M | $61M | -9.8% | 0.1% |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $113M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $10M |
| Operating Expenses | $81M |
| Cost & Expenses | $306M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $23M |
| EBIT | $30M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $339M |
| Cost of Revenue | $225M |
| GROSS PROFIT | $113M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $53M |
| Other Expenses | $10M |
| Operating Expenses | $81M |
| Cost & Expenses | $306M |
| OPERATING INCOME | $32M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $23M |
| EBIT | $30M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$944.0K |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $55M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $531M |
| Short-Term Investments | $44.0K |
| Net Receivables | $207M |
| Inventory | $238M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $367M |
| Goodwill | $821M |
| Intangible Assets | $321M |
| Long-Term Investments | $24M |
| Tax Assets | $8M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $117M |
| Short-Term Debt | $10M |
| Deferred Revenue | $828.0K |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $226M |
| Long-Term Debt | $669M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $838M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $256.0K |
| Additional Paid-In Capital | $868M |
| Retained Earnings | $951M |
| Treasury Stock | -$216M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $131.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $704M |
| Net Debt | $172M |
