| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $395M | $375M | $352M | 5.3% | 12.2% |
| Op. Income | $51M | $28M | $5M | 80.1% | 952.5% |
| Gross Margin | 55.7% | 53.5% | 51.6% | 2.3pp | 4.1pp |
| Net Margin | 12.3% | 8.5% | 1.8% | 3.7pp | 10.5pp |
| EPS (Diluted) | $0.29 | $0.19 | $0.04 | 51.0% | 671.1% |
| Free Cash Flow | -$78M | $44M | -$53M | -277.3% | -45.5% |
| Item | Amount |
|---|---|
| REVENUE | $395M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $220M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | -$2M |
| Operating Expenses | $170M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $51M |
| Interest Income | $21.1K |
| Interest Expense | $30.9K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $32M |
| EBIT | $51M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $395M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $220M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | -$2M |
| Operating Expenses | $170M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $51M |
| Interest Income | $21.1K |
| Interest Expense | $30.9K |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $32M |
| EBIT | $51M |
| EBITDA | $82M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $892.0K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$134M |
| OPERATING CASH FLOW | -$53M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$160M |
| Sales/Maturities of Investments | $219M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $37M |
| Net Debt Issuance | $17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10.6K |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $13M |
| FREE CASH FLOW | -$78M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $23M |
| Short-Term Investments | $142M |
| Net Receivables | $509M |
| Inventory | $334M |
| Other Current Assets | $211M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $606M |
| Goodwill | $42M |
| Intangible Assets | $482M |
| Long-Term Investments | $39M |
| Tax Assets | $51M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $157M |
| Short-Term Debt | $299M |
| Deferred Revenue | $48M |
| Other Current Liabilities | $290M |
| TOTAL CURRENT LIABILITIES | $746M |
| Long-Term Debt | $271M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $321M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $576M |
| Net Debt | $553M |
