| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $201M | $192M | $163M | 4.5% | 23.1% |
| Op. Income | $26M | $31M | $20M | -15.6% | 28.7% |
| Gross Margin | 27.4% | 31.7% | 28.1% | -4.3pp | -0.7pp |
| Net Margin | 9.6% | 11.8% | 8.9% | -2.3pp | 0.6pp |
| EPS (Diluted) | $0.51 | $0.61 | $0.40 | -16.4% | 27.5% |
| Free Cash Flow | $31M | $36M | $19M | -12.5% | 62.7% |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $8M |
| Operating Expenses | $29M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $955.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $201M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $21M |
| Other Expenses | $8M |
| Operating Expenses | $29M |
| Cost & Expenses | $175M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $955.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $26M |
| EBITDA | $34M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $656.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $875.0K |
| OPERATING CASH FLOW | $34M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $972.0K |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $130M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $182M |
| PP&E (Net) | $91M |
| Goodwill | $662M |
| Intangible Assets | $63M |
| Long-Term Investments | $0 |
| Tax Assets | $330.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $824M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $150M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $265M |
| Long-Term Debt | $56M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $15M |
| TOTAL NON-CURRENT LIABILITIES | $120M |
| TOTAL LIABILITIES | $385M |
| Common Stock | $357.0K |
| Additional Paid-In Capital | $643M |
| Retained Earnings | -$13M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $622M |
| Minority Interest | $0 |
| TOTAL EQUITY | $622M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $102M |
| Net Debt | $72M |
