| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $296M | $235M | $243M | 26.0% | 21.6% |
| Op. Income | $65M | $41M | $53M | 57.0% | 21.4% |
| Gross Margin | 33.8% | 33.2% | 36.2% | 0.6pp | -2.4pp |
| Net Margin | 8.6% | 1.7% | 3.4% | 6.9pp | 5.2pp |
| EPS (Diluted) | $1.84 | $0.29 | $0.59 | 534.5% | 211.9% |
| Free Cash Flow | $55M | $59M | $48M | -7.2% | 13.7% |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $196M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $8M |
| EBIT | $43M |
| EBITDA | $51M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $296M |
| Cost of Revenue | $196M |
| GROSS PROFIT | $100M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $35M |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $65M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $8M |
| EBIT | $43M |
| EBITDA | $51M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | -$39.0K |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $192M |
| Goodwill | $138M |
| Intangible Assets | $32M |
| Long-Term Investments | $800M |
| Tax Assets | $0 |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $45M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $666M |
| Long-Term Debt | $410M |
| Deferred Revenue NC | $234M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $335M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $47M |
| Additional Paid-In Capital | $47M |
| Retained Earnings | $497M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $593M |
| Minority Interest | $0 |
| TOTAL EQUITY | $593M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $613M |
| Net Debt | $533M |
