| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $536M | $500M | $464M | 7.2% | 15.6% |
| Op. Income | $90M | $66M | $23M | 36.1% | 289.2% |
| Gross Margin | 44.7% | 43.3% | 42.7% | 1.4pp | 2.0pp |
| Net Margin | 12.9% | 8.6% | 2.7% | 4.3pp | 10.2pp |
| EPS (Diluted) | $1.25 | $0.77 | $0.23 | 62.3% | 443.5% |
| Free Cash Flow | $65M | $58M | $15M | 11.7% | 346.9% |
| Item | Amount |
|---|---|
| REVENUE | $536M |
| Cost of Revenue | $296M |
| GROSS PROFIT | $240M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $20M |
| Operating Expenses | $150M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $90M |
| Interest Income | $700.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $28M |
| EBIT | $90M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $536M |
| Cost of Revenue | $296M |
| GROSS PROFIT | $240M |
| R&D Expenses | $42M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $20M |
| Operating Expenses | $150M |
| Cost & Expenses | $446M |
| OPERATING INCOME | $90M |
| Interest Income | $700.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $28M |
| EBIT | $90M |
| EBITDA | $119M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $600.0K |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $78M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $38M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$20M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $442M |
| Short-Term Investments | $61M |
| Net Receivables | $381M |
| Inventory | $474M |
| Other Current Assets | $98M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $365M |
| Goodwill | $1.1B |
| Intangible Assets | $548M |
| Long-Term Investments | $6M |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $111M |
| Short-Term Debt | $14M |
| Deferred Revenue | $22M |
| Other Current Liabilities | $142M |
| TOTAL CURRENT LIABILITIES | $322M |
| Long-Term Debt | $820M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $852M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $965M |
| Net Debt | $523M |
