| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $374M | $335M | $223M | 11.5% | 67.7% |
| Op. Income | $45M | $49M | $21M | -7.6% | 118.7% |
| Gross Margin | 22.1% | 23.3% | 21.5% | -1.2pp | 0.6pp |
| Net Margin | 7.9% | 9.5% | -4.6% | -1.6pp | 12.5pp |
| EPS (Diluted) | $0.64 | $0.69 | $-0.24 | -7.2% | 366.7% |
| Free Cash Flow | -$17M | $21M | -$1M | -182.1% | -1032.3% |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $83M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | -$3M |
| Operating Expenses | $38M |
| Cost & Expenses | $329M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $3M |
| 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 | $8M |
| EBIT | $39M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $374M |
| Cost of Revenue | $291M |
| GROSS PROFIT | $83M |
| R&D Expenses | $12M |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | -$3M |
| Operating Expenses | $38M |
| Cost & Expenses | $329M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $3M |
| 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 | $8M |
| EBIT | $39M |
| EBITDA | $47M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$47M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$42M |
| NET CASH FROM INVESTING | -$50M |
| Net Debt Issuance | $21M |
| Common Stock Repurchased | $96.5K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $417.8K |
| NET CASH FROM FINANCING | $23M |
| FREE CASH FLOW | -$17M |
| Net Change in Cash | -$33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $31M |
| Short-Term Investments | $0 |
| Net Receivables | $243M |
| Inventory | $221M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $522M |
| PP&E (Net) | $57M |
| Goodwill | $45M |
| Intangible Assets | $26M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $20M |
| TOTAL NON-CURRENT ASSETS | $151M |
| TOTAL ASSETS | $673M |
| Account Payables | $223M |
| Short-Term Debt | $27M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $296M |
| Long-Term Debt | $184M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $190M |
| TOTAL LIABILITIES | $486M |
| Common Stock | $678.0K |
| Additional Paid-In Capital | $250M |
| Retained Earnings | $112M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $187M |
| Minority Interest | $0 |
| TOTAL EQUITY | $187M |
| TOTAL LIABILITIES & EQUITY | $673M |
| Total Debt | $212M |
| Net Debt | $180M |
