| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $212M | $193M | -5.5% | 3.5% |
| Op. Income | $23M | $26M | $22M | -12.4% | 2.1% |
| Gross Margin | 32.9% | 31.9% | 32.8% | 1.0pp | 0.1pp |
| Net Margin | 8.2% | 10.4% | 8.2% | -2.3pp | -0.1pp |
| EPS (Diluted) | $0.40 | $0.55 | $0.39 | -27.3% | 2.6% |
| Free Cash Flow | -$5M | $5M | -$195.0K | -204.1% | -2345.6% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $23M |
| Interest Income | $460.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$148.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $134M |
| GROSS PROFIT | $66M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $43M |
| Cost & Expenses | $177M |
| OPERATING INCOME | $23M |
| Interest Income | $460.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$148.0K |
| INCOME BEFORE TAX | $23M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $7M |
| EBIT | $23M |
| EBITDA | $30M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $565.0K |
| Deferred Income Tax | -$473.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $1M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$262.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $50M |
| Net Receivables | $135M |
| Inventory | $186M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $420M |
| PP&E (Net) | $131M |
| Goodwill | $27M |
| Intangible Assets | $52M |
| Long-Term Investments | $6M |
| Tax Assets | -$6M |
| Other Non-Current Assets | $49M |
| TOTAL NON-CURRENT ASSETS | $259M |
| TOTAL ASSETS | $678M |
| Account Payables | $62M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $129M |
| Long-Term Debt | $312M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $358M |
| TOTAL LIABILITIES | $486M |
| Common Stock | $4.0K |
| Additional Paid-In Capital | $131M |
| Retained Earnings | $145M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$84M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $192M |
| Minority Interest | $0 |
| TOTAL EQUITY | $192M |
| TOTAL LIABILITIES & EQUITY | $678M |
| Total Debt | $324M |
| Net Debt | $298M |
