| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $200M | $150M | $154M | 33.0% | 29.9% |
| Op. Income | $62M | $43M | $51M | 43.9% | 22.5% |
| Gross Margin | 85.3% | 84.0% | 84.7% | 1.4pp | 0.7pp |
| Net Margin | 23.6% | 20.9% | 26.7% | 2.8pp | -3.1pp |
| EPS (Diluted) | $0.81 | $0.54 | $0.70 | 50.0% | 15.7% |
| Free Cash Flow | $66M | $23M | $39M | 181.0% | 68.2% |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $171M |
| R&D Expenses | $18M |
| Selling & Marketing | $40M |
| General & Administrative | $45M |
| SG&A Expenses | $85M |
| Other Expenses | $5M |
| Operating Expenses | $108M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $276.0K |
| Other Income/Expenses | -$376.0K |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $9M |
| EBIT | $62M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $200M |
| Cost of Revenue | $29M |
| GROSS PROFIT | $171M |
| R&D Expenses | $18M |
| Selling & Marketing | $40M |
| General & Administrative | $45M |
| SG&A Expenses | $85M |
| Other Expenses | $5M |
| Operating Expenses | $108M |
| Cost & Expenses | $137M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $276.0K |
| Other Income/Expenses | -$376.0K |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $9M |
| EBIT | $62M |
| EBITDA | $72M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $31M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $383.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$15M |
| Purchases of Investments | -$435M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$452M |
| Net Debt Issuance | -$444.0K |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $438M |
| NET CASH FROM FINANCING | $418M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $4M |
| Inventory | $910.0K |
| Other Current Assets | $1.4B |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $188M |
| Goodwill | $52M |
| Intangible Assets | $692.0K |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $274M |
| TOTAL NON-CURRENT ASSETS | $513M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $4M |
| Short-Term Debt | $2M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $419.0K |
| TOTAL NON-CURRENT LIABILITIES | $181M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $609.0K |
| Additional Paid-In Capital | $240M |
| Retained Earnings | $443M |
| Treasury Stock | -$285M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $399M |
| Minority Interest | $0 |
| TOTAL EQUITY | $399M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $34M |
| Net Debt | -$57M |
