| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $771M | $726M | $670M | 6.2% | 15.1% |
| Op. Income | $37M | $32M | $34M | 13.9% | 8.8% |
| Gross Margin | 9.5% | 9.3% | 9.9% | 0.2pp | -0.4pp |
| Net Margin | 9.4% | 3.6% | 4.3% | 5.8pp | 5.1pp |
| EPS (Diluted) | $2.20 | $0.79 | $0.84 | 178.5% | 161.9% |
| Free Cash Flow | $15M | $16M | $36M | -6.4% | -59.0% |
| Item | Amount |
|---|---|
| REVENUE | $771M |
| Cost of Revenue | $698M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $734M |
| OPERATING INCOME | $37M |
| Interest Income | $647.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | -$38M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $13M |
| EBIT | $24M |
| EBITDA | $37M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $771M |
| Cost of Revenue | $698M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $36M |
| Cost & Expenses | $734M |
| OPERATING INCOME | $37M |
| Interest Income | $647.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | -$38M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $13M |
| EBIT | $24M |
| EBITDA | $37M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$79.0K |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $112.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $297M |
| Short-Term Investments | $0 |
| Net Receivables | $395M |
| Inventory | $794M |
| Other Current Assets | $417.0K |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $341M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $415M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $506M |
| Short-Term Debt | $6M |
| Deferred Revenue | $91M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $738M |
| Long-Term Debt | $183M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $91M |
| TOTAL NON-CURRENT LIABILITIES | $274M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $526.0K |
| Additional Paid-In Capital | $581M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$711M |
| Accum. Other Comp. Income | -$12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $921M |
| Minority Interest | $0 |
| TOTAL EQUITY | $921M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $189M |
| Net Debt | -$109M |
