| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $608M | $592M | $530M | 2.7% | 14.8% |
| Op. Income | $32M | $39M | $31M | -17.0% | 3.3% |
| Gross Margin | 37.2% | 36.3% | 36.8% | 0.9pp | 0.4pp |
| Net Margin | 6.3% | 5.8% | 7.0% | 0.5pp | -0.7pp |
| EPS (Diluted) | $0.23 | $0.20 | $0.22 | 15.0% | 4.5% |
| Free Cash Flow | $4M | $78M | -$11M | -95.5% | 132.4% |
| Item | Amount |
|---|---|
| REVENUE | $608M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $226M |
| R&D Expenses | $39M |
| Selling & Marketing | $115M |
| General & Administrative | $25M |
| SG&A Expenses | $140M |
| Other Expenses | $15M |
| Operating Expenses | $194M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $798.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $16M |
| EBIT | $42M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $608M |
| Cost of Revenue | $382M |
| GROSS PROFIT | $226M |
| R&D Expenses | $39M |
| Selling & Marketing | $115M |
| General & Administrative | $25M |
| SG&A Expenses | $140M |
| Other Expenses | $15M |
| Operating Expenses | $194M |
| Cost & Expenses | $576M |
| OPERATING INCOME | $32M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $798.0K |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $16M |
| EBIT | $42M |
| EBITDA | $58M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $137.0K |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $12M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$468.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $604M |
| Short-Term Investments | $0 |
| Net Receivables | $413M |
| Inventory | $273M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $85M |
| Goodwill | $275M |
| Intangible Assets | $83M |
| Long-Term Investments | $13M |
| Tax Assets | $94M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $575M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $344M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $728M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $116M |
| TOTAL LIABILITIES | $844M |
| Common Stock | $30M |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$158M |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $0 |
| Net Debt | -$604M |
