| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $559M | $534M | $537M | 4.7% | 4.2% |
| Op. Income | $110M | $68M | $83M | 62.4% | 32.4% |
| Gross Margin | 32.3% | 26.8% | 28.5% | 5.5pp | 3.9pp |
| Net Margin | 15.3% | 9.4% | 11.6% | 5.9pp | 3.7pp |
| EPS (Diluted) | $7.67 | $4.48 | $5.57 | 71.2% | 37.7% |
| Free Cash Flow | $44M | $82M | $9M | -45.7% | 405.2% |
| Item | Amount |
|---|---|
| REVENUE | $559M |
| Cost of Revenue | $379M |
| GROSS PROFIT | $181M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $392.0K |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | -$112.0K |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $21M |
| EBIT | $117M |
| EBITDA | $139M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $559M |
| Cost of Revenue | $379M |
| GROSS PROFIT | $181M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $36M |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $71M |
| Cost & Expenses | $450M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $392.0K |
| INCOME BEFORE TAX | $110M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | -$112.0K |
| BOTTOM LINE NET INCOME | $85M |
| D&A | $21M |
| EBIT | $117M |
| EBITDA | $139M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $97M |
| Common Stock Repurchased | -$79M |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $0 |
| Net Receivables | $347M |
| Inventory | $371M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $931M |
| PP&E (Net) | $691M |
| Goodwill | $123M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $180M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $178M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $313M |
| Long-Term Debt | $741M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $197M |
| TOTAL NON-CURRENT LIABILITIES | $982M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $816M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $639M |
| Minority Interest | $0 |
| TOTAL EQUITY | $639M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $797M |
| Net Debt | $618M |
