| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $301M | $298M | $303M | 1.1% | -0.7% |
| Op. Income | $21M | $14M | $13M | 48.7% | 61.4% |
| Gross Margin | 23.0% | 22.2% | 19.2% | 0.8pp | 3.8pp |
| Net Margin | 5.6% | -7.0% | 3.5% | 12.6pp | 2.1pp |
| EPS (Diluted) | $0.82 | $-1.03 | $0.51 | 179.6% | 60.8% |
| Free Cash Flow | -$22M | $20M | -$18M | -210.7% | -24.3% |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $69M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $4M |
| Operating Expenses | $48M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $466.0K |
| Other Income/Expenses | -$711.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $9M |
| EBIT | $21M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $301M |
| Cost of Revenue | $232M |
| GROSS PROFIT | $69M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $4M |
| Operating Expenses | $48M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $466.0K |
| Other Income/Expenses | -$711.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $9M |
| EBIT | $21M |
| EBITDA | $30M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $371.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $58.0K |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$495.0K |
| Common Stock Repurchased | -$199.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | -$22M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $42M |
| Short-Term Investments | $0 |
| Net Receivables | $145M |
| Inventory | $224M |
| Other Current Assets | $24M |
| TOTAL CURRENT ASSETS | $435M |
| PP&E (Net) | $280M |
| Goodwill | $91M |
| Intangible Assets | $6M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $390M |
| TOTAL ASSETS | $825M |
| Account Payables | $57M |
| Short-Term Debt | $836.0K |
| Deferred Revenue | $5M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $131M |
| Long-Term Debt | $43M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $194.0K |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $127M |
| TOTAL LIABILITIES | $258M |
| Common Stock | $241M |
| Additional Paid-In Capital | $241M |
| Retained Earnings | $563M |
| Treasury Stock | -$185M |
| Accum. Other Comp. Income | -$57M |
| Other Equity | -$237M |
| TOTAL STOCKHOLDERS' EQUITY | $567M |
| Minority Interest | $0 |
| TOTAL EQUITY | $567M |
| TOTAL LIABILITIES & EQUITY | $825M |
| Total Debt | $44M |
| Net Debt | $2M |
