| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $967M | $1.0B | 19.3% | 13.7% |
| Op. Income | $85M | $33M | $65M | 162.0% | 32.1% |
| Gross Margin | 19.7% | 16.7% | 19.7% | 2.9pp | -0.0pp |
| Net Margin | 6.6% | 2.6% | 4.9% | 4.1pp | 1.7pp |
| EPS (Diluted) | $1.85 | $0.59 | $1.18 | 213.6% | 56.8% |
| Free Cash Flow | $112M | $100M | $17M | 11.7% | 560.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $926M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $123M |
| SG&A Expenses | $135M |
| Other Expenses | $7M |
| Operating Expenses | $141M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $85M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $7M |
| EBIT | $89M |
| EBITDA | $95M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $926M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $12M |
| General & Administrative | $123M |
| SG&A Expenses | $135M |
| Other Expenses | $7M |
| Operating Expenses | $141M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $85M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $7M |
| EBIT | $89M |
| EBITDA | $95M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $118M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$36M |
| Sales/Maturities of Investments | $43M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $399M |
| Short-Term Investments | $54M |
| Net Receivables | $421M |
| Inventory | $70M |
| Other Current Assets | $81M |
| TOTAL CURRENT ASSETS | $980M |
| PP&E (Net) | $166M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $186M |
| Tax Assets | $145.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $371M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $8M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $48M |
| TOTAL CURRENT LIABILITIES | $850M |
| Long-Term Debt | $144M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $187M |
| TOTAL NON-CURRENT LIABILITIES | $381M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $34M |
| Retained Earnings | $461M |
| Treasury Stock | -$376M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $119M |
| Minority Interest | $0 |
| TOTAL EQUITY | $119M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $195M |
| Net Debt | -$204M |
