| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $303M | $356M | $260M | -14.8% | 16.6% |
| Op. Income | $34M | $56M | $33M | -40.4% | 2.2% |
| Gross Margin | 48.4% | 47.0% | 56.8% | 1.5pp | -8.4pp |
| Net Margin | 6.0% | 10.0% | 6.6% | -4.0pp | -0.6pp |
| EPS (Diluted) | $0.17 | $0.32 | $0.16 | -46.9% | 6.3% |
| Free Cash Flow | $63M | $37M | $58M | 71.9% | 10.1% |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $95M |
| SG&A Expenses | $95M |
| Other Expenses | $18M |
| Operating Expenses | $113M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $20M |
| EBIT | $36M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $303M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $95M |
| SG&A Expenses | $95M |
| Other Expenses | $18M |
| Operating Expenses | $113M |
| Cost & Expenses | $270M |
| OPERATING INCOME | $34M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $20M |
| EBIT | $36M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $27M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$25M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $0 |
| Net Receivables | $220M |
| Inventory | $76M |
| Other Current Assets | $112M |
| TOTAL CURRENT ASSETS | $694M |
| PP&E (Net) | $566M |
| Goodwill | $672M |
| Intangible Assets | $242M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $42M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $487M |
| Short-Term Debt | $24M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $532M |
| Long-Term Debt | $688M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $855M |
| TOTAL LIABILITIES | $1.4B |
| Common Stock | $189M |
| Additional Paid-In Capital | $50M |
| Retained Earnings | $647M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $828M |
| Minority Interest | $5M |
| TOTAL EQUITY | $833M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $832M |
| Net Debt | $566M |
