| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $264M | $175M | $186M | 51.2% | 41.9% |
| Op. Income | $82M | -$33M | $14M | 349.9% | 468.5% |
| Gross Margin | 30.9% | 46.7% | 7.2% | -15.8pp | 23.7pp |
| Net Margin | 24.8% | -11.8% | 6.6% | 36.7pp | 18.2pp |
| EPS (Diluted) | $0.73 | $-0.23 | $0.14 | 417.4% | 440.7% |
| Free Cash Flow | $29M | $52M | $13M | -44.2% | 119.7% |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$3M |
| Operating Expenses | -$177.0K |
| Cost & Expenses | $182M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $0 |
| EBIT | $84M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $264M |
| Cost of Revenue | $182M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$3M |
| Operating Expenses | -$177.0K |
| Cost & Expenses | $182M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $0 |
| EBIT | $84M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $31M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$165M |
| Sales/Maturities of Investments | $137M |
| Other Investing Activities | $9.0K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $29M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $1.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $54M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $2.3B |
| Tax Assets | $40M |
| Other Non-Current Assets | -$1.5B |
| TOTAL NON-CURRENT ASSETS | $932M |
| TOTAL ASSETS | $3.2B |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$43M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $675.0K |
| Additional Paid-In Capital | $309M |
| Retained Earnings | $964M |
| Treasury Stock | -$400M |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $895M |
| Minority Interest | $0 |
| TOTAL EQUITY | $895M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $149M |
| Net Debt | $80M |
