| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $592M | $812M | $511M | -27.0% | 16.0% |
| Op. Income | $39M | $100M | $36M | -61.0% | 7.7% |
| Gross Margin | 36.3% | 34.3% | 39.0% | 2.0pp | -2.8pp |
| Net Margin | 5.8% | 9.9% | 7.7% | -4.1pp | -1.9pp |
| EPS (Diluted) | $0.20 | $0.48 | $0.15 | -58.3% | 33.3% |
| Free Cash Flow | $78M | $178M | $36M | -56.2% | 116.7% |
| Item | Amount |
|---|---|
| REVENUE | $592M |
| Cost of Revenue | $378M |
| GROSS PROFIT | $215M |
| R&D Expenses | $40M |
| Selling & Marketing | $110M |
| General & Administrative | $23M |
| SG&A Expenses | $132M |
| Other Expenses | $4M |
| Operating Expenses | $176M |
| Cost & Expenses | $553M |
| OPERATING INCOME | $39M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $329.0K |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $14M |
| EBIT | $40M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $592M |
| Cost of Revenue | $378M |
| GROSS PROFIT | $215M |
| R&D Expenses | $40M |
| Selling & Marketing | $110M |
| General & Administrative | $23M |
| SG&A Expenses | $132M |
| Other Expenses | $4M |
| Operating Expenses | $176M |
| Cost & Expenses | $553M |
| OPERATING INCOME | $39M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $329.0K |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $34M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $34M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $34M |
| D&A | $14M |
| EBIT | $40M |
| EBITDA | $54M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $34M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $413.0K |
| Other Non-Cash Items | -$137.0K |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $90M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $906.5K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$357.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $77M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $642M |
| Short-Term Investments | $0 |
| Net Receivables | $244M |
| Inventory | $260M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $86M |
| Goodwill | $275M |
| Intangible Assets | $88M |
| Long-Term Investments | $12M |
| Tax Assets | $85M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $570M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $294M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $123M |
| TOTAL CURRENT LIABILITIES | $576M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $115M |
| TOTAL NON-CURRENT LIABILITIES | $117M |
| TOTAL LIABILITIES | $693M |
| Common Stock | $30M |
| Additional Paid-In Capital | $47M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$166M |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $0 |
| Net Debt | -$642M |
