| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $766M | $771M | $677M | -0.7% | 13.0% |
| Op. Income | $37M | $37M | $32M | -0.0% | 17.1% |
| Gross Margin | 9.5% | 9.5% | 9.4% | -0.1pp | 0.1pp |
| Net Margin | 2.9% | 9.4% | -14.5% | -6.5pp | 17.4pp |
| EPS (Diluted) | $0.69 | $2.20 | $-2.93 | -68.6% | 123.5% |
| Free Cash Flow | -$58M | $15M | $52M | -497.4% | -211.1% |
| Item | Amount |
|---|---|
| REVENUE | $766M |
| Cost of Revenue | $693M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $729M |
| OPERATING INCOME | $37M |
| Interest Income | $525.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $13M |
| EBIT | $37M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $766M |
| Cost of Revenue | $693M |
| GROSS PROFIT | $72M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $35M |
| Other Expenses | $0 |
| Operating Expenses | $35M |
| Cost & Expenses | $729M |
| OPERATING INCOME | $37M |
| Interest Income | $525.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $13M |
| EBIT | $37M |
| EBITDA | $50M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $943.0K |
| Other Non-Cash Items | $51.0K |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | -$33M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $49.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $2M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $796.0K |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | -$58M |
| Net Change in Cash | -$105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | $0 |
| Net Receivables | $511M |
| Inventory | $798M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $361M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $436M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $517M |
| Short-Term Debt | $9M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $780M |
| Long-Term Debt | $188M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $285M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $526.0K |
| Additional Paid-In Capital | $587M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$761M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $905M |
| Minority Interest | $0 |
| TOTAL EQUITY | $905M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $196M |
| Net Debt | $7M |
