| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $403M | $378M | $397M | 6.7% | 1.6% |
| Op. Income | $88M | $77M | $43M | 14.6% | 103.5% |
| Gross Margin | 65.7% | 67.9% | 65.8% | -2.3pp | -0.2pp |
| Net Margin | 15.1% | 16.0% | -10.0% | -0.8pp | 25.1pp |
| EPS (Diluted) | $0.26 | $0.26 | $-0.17 | 0.0% | 252.9% |
| Free Cash Flow | $63M | $46M | $43M | 36.2% | 45.5% |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $265M |
| R&D Expenses | $41M |
| Selling & Marketing | $98M |
| General & Administrative | $29M |
| SG&A Expenses | $126M |
| Other Expenses | $9M |
| Operating Expenses | $176M |
| Cost & Expenses | $315M |
| OPERATING INCOME | $88M |
| Interest Income | $6M |
| Interest Expense | $20M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $9M |
| EBIT | $89M |
| EBITDA | $139M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $403M |
| Cost of Revenue | $138M |
| GROSS PROFIT | $265M |
| R&D Expenses | $41M |
| Selling & Marketing | $98M |
| General & Administrative | $29M |
| SG&A Expenses | $126M |
| Other Expenses | $9M |
| Operating Expenses | $176M |
| Cost & Expenses | $315M |
| OPERATING INCOME | $88M |
| Interest Income | $6M |
| Interest Expense | $20M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $9M |
| EBIT | $89M |
| EBITDA | $139M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$25M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$3M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $16M |
| Purchases of Investments | -$113M |
| Sales/Maturities of Investments | $196M |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | $21M |
| Net Debt Issuance | -$325.0K |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $466M |
| NET CASH FROM FINANCING | $428M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $559M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $235M |
| Net Receivables | $398M |
| Inventory | $163M |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $512M |
| Goodwill | $2.1B |
| Intangible Assets | $475M |
| Long-Term Investments | $370M |
| Tax Assets | $43M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $69M |
| Short-Term Debt | $503M |
| Deferred Revenue | $45M |
| Other Current Liabilities | $257M |
| TOTAL CURRENT LIABILITIES | $972M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $407M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $3M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$179M |
| Accum. Other Comp. Income | -$311M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $2.2B |
| Net Debt | $990M |
