| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $583M | $590M | $683M | -1.1% | -14.6% |
| Op. Income | $55M | $70M | $18M | -21.8% | 196.7% |
| Gross Margin | 75.9% | 76.2% | 76.3% | -0.3pp | -0.4pp |
| Net Margin | 6.9% | 7.5% | -2.6% | -0.6pp | 9.5pp |
| EPS (Diluted) | $0.72 | $0.79 | $-0.32 | -8.9% | 325.0% |
| Free Cash Flow | $37M | $30M | $61M | 22.1% | -39.8% |
| Item | Amount |
|---|---|
| REVENUE | $583M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $228M |
| General & Administrative | $160M |
| SG&A Expenses | $388M |
| Other Expenses | $0 |
| Operating Expenses | $388M |
| Cost & Expenses | $529M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $19M |
| EBIT | $55M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $583M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $228M |
| General & Administrative | $160M |
| SG&A Expenses | $388M |
| Other Expenses | $0 |
| Operating Expenses | $388M |
| Cost & Expenses | $529M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $19M |
| EBIT | $55M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $451.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $1.0K |
| Common Dividends Paid | -$21M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $336M |
| Short-Term Investments | $8M |
| Net Receivables | $50M |
| Inventory | $276M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $740M |
| PP&E (Net) | $645M |
| Goodwill | $197M |
| Intangible Assets | $80M |
| Long-Term Investments | $0 |
| Tax Assets | $31M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $39M |
| Short-Term Debt | $28M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $357M |
| Long-Term Debt | $334M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $537M |
| TOTAL LIABILITIES | $894M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $558M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $875M |
| Minority Interest | $0 |
| TOTAL EQUITY | $875M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $507M |
| Net Debt | $171M |
