| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $153M | $116M | $116M | 31.4% | 32.2% |
| Op. Income | $19M | $7M | $13M | 176.2% | 45.2% |
| Gross Margin | 44.7% | 45.4% | 46.6% | -0.7pp | -2.0pp |
| Net Margin | 6.6% | 3.2% | 7.6% | 3.4pp | -1.0pp |
| EPS (Diluted) | $0.21 | $0.08 | $0.19 | 162.5% | 10.5% |
| Free Cash Flow | $22M | -$3M | $4M | 930.2% | 486.9% |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $68M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | -$529.0K |
| Operating Expenses | $48M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $19M |
| Interest Income | $18.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $12M |
| EBIT | $21M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $153M |
| Cost of Revenue | $85M |
| GROSS PROFIT | $68M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $25M |
| SG&A Expenses | $25M |
| Other Expenses | -$529.0K |
| Operating Expenses | $48M |
| Cost & Expenses | $132M |
| OPERATING INCOME | $19M |
| Interest Income | $18.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $10M |
| D&A | $12M |
| EBIT | $21M |
| EBITDA | $33M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $10M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $18.0K |
| Other Non-Cash Items | $860.0K |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $26M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$390.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $1M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $109M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $332M |
| PP&E (Net) | $51M |
| Goodwill | $497M |
| Intangible Assets | $178M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $733M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $72M |
| Long-Term Debt | $195M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $221M |
| TOTAL LIABILITIES | $293M |
| Common Stock | $469.0K |
| Additional Paid-In Capital | $590M |
| Retained Earnings | $180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $772M |
| Minority Interest | $0 |
| TOTAL EQUITY | $772M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $195M |
| Net Debt | $128M |
