| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $531M | $522M | $570M | 1.5% | -6.9% |
| Op. Income | $14M | $64M | $52M | -77.6% | -72.7% |
| Gross Margin | 27.7% | 35.8% | 33.4% | -8.1pp | -5.7pp |
| Net Margin | 2.3% | 9.6% | -1.7% | -7.3pp | 4.0pp |
| EPS (Diluted) | $0.74 | $3.03 | $-0.57 | -75.6% | 229.8% |
| Free Cash Flow | $41M | $45M | $64M | -8.3% | -35.9% |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $516M |
| OPERATING INCOME | $14M |
| Interest Income | $163.0K |
| Interest Expense | $893.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $889.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $17M |
| EBIT | $14M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $384M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $133M |
| Other Expenses | $0 |
| Operating Expenses | $133M |
| Cost & Expenses | $516M |
| OPERATING INCOME | $14M |
| Interest Income | $163.0K |
| Interest Expense | $893.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $889.0K |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $17M |
| EBIT | $14M |
| EBITDA | $31M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $532.0K |
| Change in Working Capital | $25M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$15M |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$65M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $35M |
| Inventory | $303M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $435M |
| PP&E (Net) | $260M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $292M |
| TOTAL ASSETS | $727M |
| Account Payables | $195M |
| Short-Term Debt | $49M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $331M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $74M |
| TOTAL NON-CURRENT LIABILITIES | $81M |
| TOTAL LIABILITIES | $413M |
| Common Stock | $2M |
| Additional Paid-In Capital | $147M |
| Retained Earnings | $181M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $314M |
| Minority Interest | $0 |
| TOTAL EQUITY | $314M |
| TOTAL LIABILITIES & EQUITY | $727M |
| Total Debt | $49M |
| Net Debt | -$20M |
