| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $144M | $153M | $106M | -5.8% | 35.8% |
| Op. Income | $14M | $19M | $10M | -26.9% | 33.2% |
| Gross Margin | 42.7% | 44.7% | 47.8% | -1.9pp | -5.0pp |
| Net Margin | 5.2% | 6.6% | 16.9% | -1.4pp | -11.7pp |
| EPS (Diluted) | $0.16 | $0.21 | $0.38 | -23.8% | -57.9% |
| Free Cash Flow | $16M | $22M | $4M | -24.5% | 270.5% |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $62M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | -$1M |
| Operating Expenses | $47M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $14M |
| Interest Income | $66.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $144M |
| Cost of Revenue | $82M |
| GROSS PROFIT | $62M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | -$1M |
| Operating Expenses | $47M |
| Cost & Expenses | $129M |
| OPERATING INCOME | $14M |
| Interest Income | $66.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $12M |
| EBIT | $15M |
| EBITDA | $27M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$381.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$46M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $45M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | $16M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $73M |
| Short-Term Investments | $0 |
| Net Receivables | $154M |
| Inventory | $121M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $364M |
| PP&E (Net) | $51M |
| Goodwill | $521M |
| Intangible Assets | $184M |
| Long-Term Investments | -$13M |
| Tax Assets | $13M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $763M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $26M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $83M |
| Long-Term Debt | $240M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $268M |
| TOTAL LIABILITIES | $350M |
| Common Stock | $472.0K |
| Additional Paid-In Capital | $588M |
| Retained Earnings | $187M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $914.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $777M |
| Minority Interest | $0 |
| TOTAL EQUITY | $777M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $240M |
| Net Debt | $167M |
