| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $148M | $133M | $169M | 11.6% | -12.5% |
| Op. Income | $31M | $28M | $51M | 13.1% | -39.0% |
| Gross Margin | 61.5% | 61.9% | 62.8% | -0.5pp | -1.4pp |
| Net Margin | 16.8% | 24.5% | 20.1% | -7.7pp | -3.3pp |
| EPS (Diluted) | $0.60 | $0.78 | $0.86 | -23.1% | -30.2% |
| Free Cash Flow | $28M | $34M | $31M | -18.9% | -9.6% |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $91M |
| R&D Expenses | $14M |
| Selling & Marketing | $30M |
| General & Administrative | $13M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $12M |
| EBIT | $34M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $148M |
| Cost of Revenue | $57M |
| GROSS PROFIT | $91M |
| R&D Expenses | $14M |
| Selling & Marketing | $30M |
| General & Administrative | $13M |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $57M |
| Cost & Expenses | $114M |
| OPERATING INCOME | $31M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $12M |
| EBIT | $34M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$12.0K |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $57M |
| Short-Term Investments | $0 |
| Net Receivables | $81M |
| Inventory | $67M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $212M |
| PP&E (Net) | $161M |
| Goodwill | $337M |
| Intangible Assets | $168M |
| Long-Term Investments | $0 |
| Tax Assets | $22M |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $694M |
| TOTAL ASSETS | $906M |
| Account Payables | $27M |
| Short-Term Debt | $55M |
| Deferred Revenue | $56M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $33M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $286M |
| TOTAL LIABILITIES | $445M |
| Common Stock | $40.0K |
| Additional Paid-In Capital | $374M |
| Retained Earnings | $87M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$97.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $461M |
| Minority Interest | $0 |
| TOTAL EQUITY | $461M |
| TOTAL LIABILITIES & EQUITY | $906M |
| Total Debt | $177M |
| Net Debt | $120M |
