| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $245M | $179M | 45.1% | 99.1% |
| Op. Income | $56M | $31M | $45M | 80.6% | 24.8% |
| Gross Margin | 47.0% | 56.2% | 86.0% | -9.3pp | -39.0pp |
| Net Margin | 10.0% | 9.4% | 20.6% | 0.5pp | -10.6pp |
| EPS (Diluted) | $0.32 | $0.21 | $0.34 | 52.4% | -5.9% |
| Free Cash Flow | $37M | -$25M | $38M | 245.1% | -3.4% |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $189M |
| GROSS PROFIT | $167M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $96M |
| SG&A Expenses | $96M |
| Other Expenses | $15M |
| Operating Expenses | $111M |
| Cost & Expenses | $300M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $17M |
| EBIT | $59M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $189M |
| GROSS PROFIT | $167M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $96M |
| SG&A Expenses | $96M |
| Other Expenses | $15M |
| Operating Expenses | $111M |
| Cost & Expenses | $300M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $17M |
| EBIT | $59M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$24M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$109.5K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $238M |
| Short-Term Investments | $0 |
| Net Receivables | $113M |
| Inventory | $113M |
| Other Current Assets | $121M |
| TOTAL CURRENT ASSETS | $604M |
| PP&E (Net) | $482M |
| Goodwill | $672M |
| Intangible Assets | $251M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $41M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $297M |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $14M |
| TOTAL CURRENT LIABILITIES | $440M |
| Long-Term Debt | $698M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $68M |
| TOTAL NON-CURRENT LIABILITIES | $777M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $182M |
| Additional Paid-In Capital | $57M |
| Retained Earnings | $648M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $831M |
| Minority Interest | $5M |
| TOTAL EQUITY | $836M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $741M |
| Net Debt | $504M |
