| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | $227M | $209M | -1.7% | 6.7% |
| Op. Income | $27M | $30M | $19M | -9.6% | 44.1% |
| Gross Margin | 35.2% | 34.9% | 36.1% | 0.3pp | -1.0pp |
| Net Margin | 11.0% | 8.7% | 3.3% | 2.3pp | 7.6pp |
| EPS (Diluted) | $1.31 | $1.06 | $0.37 | 23.6% | 254.1% |
| Free Cash Flow | $23M | -$6M | $30M | 495.5% | -22.8% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $78M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $3M |
| Operating Expenses | $52M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $924.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $15M |
| EBIT | $29M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $145M |
| GROSS PROFIT | $78M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $3M |
| Operating Expenses | $52M |
| Cost & Expenses | $196M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $924.0K |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $15M |
| EBIT | $29M |
| EBITDA | $43M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $816.0K |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $33M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $602.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $54.0K |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$108.0K |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $23M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $168M |
| Short-Term Investments | $0 |
| Net Receivables | $171M |
| Inventory | $133M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $486M |
| PP&E (Net) | $243M |
| Goodwill | $265M |
| Intangible Assets | $177M |
| Long-Term Investments | $19M |
| Tax Assets | $8M |
| Other Non-Current Assets | $82M |
| TOTAL NON-CURRENT ASSETS | $794M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $40M |
| Short-Term Debt | $420.0K |
| Deferred Revenue | $60M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $107M |
| Long-Term Debt | $228M |
| Deferred Revenue NC | $10M |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $80M |
| TOTAL NON-CURRENT LIABILITIES | $324M |
| TOTAL LIABILITIES | $431M |
| Common Stock | $18M |
| Additional Paid-In Capital | $132M |
| Retained Earnings | $776M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $848M |
| Minority Interest | $0 |
| TOTAL EQUITY | $848M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $233M |
| Net Debt | $65M |
