| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $276M | $357M | $228M | -22.7% | 21.1% |
| Op. Income | $36M | $54M | $27M | -33.8% | 31.6% |
| Gross Margin | 40.9% | 39.4% | 40.8% | 1.5pp | 0.1pp |
| Net Margin | 11.0% | 19.6% | 8.3% | -8.6pp | 2.7pp |
| EPS (Diluted) | $0.46 | $1.07 | $0.29 | -57.0% | 58.6% |
| Free Cash Flow | $11M | $71M | -$1M | -85.1% | 1127.9% |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $5M |
| Operating Expenses | $77M |
| Cost & Expenses | $240M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $538.0K |
| Other Income/Expenses | -$638.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $276M |
| Cost of Revenue | $163M |
| GROSS PROFIT | $113M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $5M |
| Operating Expenses | $77M |
| Cost & Expenses | $240M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $538.0K |
| Other Income/Expenses | -$638.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $3M |
| EBIT | $38M |
| EBITDA | $39M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$57.0K |
| Other Non-Cash Items | $352.0K |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | -$702.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $414.0K |
| Inventory | $276M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $312M |
| PP&E (Net) | $56M |
| Goodwill | $445M |
| Intangible Assets | $233M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $735M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $75M |
| Short-Term Debt | $10M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $143M |
| Long-Term Debt | $14M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $78M |
| TOTAL LIABILITIES | $222M |
| Common Stock | $62.0K |
| Additional Paid-In Capital | $588M |
| Retained Earnings | $238M |
| Treasury Stock | -$86.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $826M |
| Minority Interest | $0 |
| TOTAL EQUITY | $826M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $24M |
| Net Debt | -$4M |
