| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $464M | $461M | $554M | 0.7% | -16.4% |
| Op. Income | $23M | $94M | $132M | -75.4% | -82.5% |
| Gross Margin | 42.7% | 45.6% | 47.4% | -2.8pp | -4.7pp |
| Net Margin | 2.7% | 15.6% | 19.0% | -12.9pp | -16.3pp |
| EPS (Diluted) | $0.23 | $1.32 | $1.90 | -82.6% | -87.9% |
| Free Cash Flow | $15M | $109M | $63M | -86.7% | -77.1% |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $266M |
| GROSS PROFIT | $198M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $54M |
| Operating Expenses | $137M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $23M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $25M |
| EBIT | $25M |
| EBITDA | $50M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $266M |
| GROSS PROFIT | $198M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $54M |
| Operating Expenses | $137M |
| Cost & Expenses | $441M |
| OPERATING INCOME | $23M |
| Interest Income | $2M |
| Interest Expense | $15M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $25M |
| EBIT | $25M |
| EBITDA | $50M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $28M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$989M |
| Purchases of Investments | -$44M |
| Sales/Maturities of Investments | $173M |
| Other Investing Activities | $36.0K |
| NET CASH FROM INVESTING | -$874M |
| Net Debt Issuance | $638M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $619M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$226M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $418M |
| Short-Term Investments | $44M |
| Net Receivables | $336M |
| Inventory | $476M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $317M |
| Goodwill | $1.1B |
| Intangible Assets | $619M |
| Long-Term Investments | $10M |
| Tax Assets | $0 |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $95M |
| Short-Term Debt | $10M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $136M |
| TOTAL CURRENT LIABILITIES | $297M |
| Long-Term Debt | $977M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $90M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $113.0K |
| Additional Paid-In Capital | $844M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.1B |
| Net Debt | $638M |
