| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $265M | $223M | $159M | 19.0% | 66.6% |
| Op. Income | $31M | $21M | $4M | 53.0% | 770.0% |
| Gross Margin | 21.8% | 21.5% | 18.6% | 0.3pp | 3.1pp |
| Net Margin | 7.9% | -4.6% | -2.0% | 12.5pp | 9.9pp |
| EPS (Diluted) | $0.46 | $-0.24 | $-0.08 | 291.7% | 694.3% |
| Free Cash Flow | $8M | -$1M | -$20M | 651.5% | 140.9% |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $58M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $265M |
| Cost of Revenue | $208M |
| GROSS PROFIT | $58M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $18M |
| SG&A Expenses | $18M |
| Other Expenses | $0 |
| Operating Expenses | $26M |
| Cost & Expenses | $234M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $24M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $21M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $6M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$220.0K |
| Other Non-Cash Items | $757.0K |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $14M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$6M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$299.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | $754.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $238M |
| Inventory | $128M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $400M |
| PP&E (Net) | $55M |
| Goodwill | $45M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $129M |
| TOTAL ASSETS | $529M |
| Account Payables | $235M |
| Short-Term Debt | $23M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $13M |
| TOTAL CURRENT LIABILITIES | $279M |
| Long-Term Debt | $148M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $151M |
| TOTAL LIABILITIES | $431M |
| Common Stock | $656.0K |
| Additional Paid-In Capital | $235M |
| Retained Earnings | $14M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$150M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $99M |
| Minority Interest | $0 |
| TOTAL EQUITY | $99M |
| TOTAL LIABILITIES & EQUITY | $529M |
| Total Debt | $171M |
| Net Debt | $147M |
