| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $624M | $864M | $592M | -27.8% | 5.4% |
| Op. Income | $42M | $123M | $39M | -65.8% | 8.0% |
| Gross Margin | 37.8% | 38.0% | 36.3% | -0.2pp | 1.6pp |
| Net Margin | 6.7% | 13.1% | 5.8% | -6.3pp | 0.9pp |
| EPS (Diluted) | $0.25 | $0.67 | $0.20 | -62.7% | 25.0% |
| Free Cash Flow | $24M | $166M | $78M | -85.5% | -69.1% |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $388M |
| GROSS PROFIT | $236M |
| R&D Expenses | $44M |
| Selling & Marketing | $120M |
| General & Administrative | $24M |
| SG&A Expenses | $142M |
| Other Expenses | $8M |
| Operating Expenses | $194M |
| Cost & Expenses | $582M |
| OPERATING INCOME | $42M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $16M |
| EBIT | $47M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $624M |
| Cost of Revenue | $388M |
| GROSS PROFIT | $236M |
| R&D Expenses | $44M |
| Selling & Marketing | $120M |
| General & Administrative | $24M |
| SG&A Expenses | $142M |
| Other Expenses | $8M |
| Operating Expenses | $194M |
| Cost & Expenses | $582M |
| OPERATING INCOME | $42M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $16M |
| EBIT | $47M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$79.0K |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$81.0K |
| Purchases of Investments | -$868.0K |
| Sales/Maturities of Investments | $986.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$4M |
| FREE CASH FLOW | $24M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $605M |
| Short-Term Investments | $0 |
| Net Receivables | $418M |
| Inventory | $293M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $79M |
| Goodwill | $344M |
| Intangible Assets | $119M |
| Long-Term Investments | $16M |
| Tax Assets | $91M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $674M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $284M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $149M |
| TOTAL CURRENT LIABILITIES | $718M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $128M |
| TOTAL NON-CURRENT LIABILITIES | $130M |
| TOTAL LIABILITIES | $848M |
| Common Stock | $30M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$170M |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $0 |
| Net Debt | -$605M |
