| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $649M | $756M | $644M | -14.2% | 0.7% |
| Op. Income | $68M | $128M | $53M | -47.0% | 27.0% |
| Gross Margin | 43.8% | 46.6% | 42.1% | -2.8pp | 1.7pp |
| Net Margin | 5.5% | 9.4% | 4.0% | -4.0pp | 1.4pp |
| EPS (Diluted) | $0.32 | $0.64 | $0.23 | -50.2% | 36.1% |
| Free Cash Flow | -$30M | $127M | -$37M | -123.8% | 18.9% |
| Item | Amount |
|---|---|
| REVENUE | $649M |
| Cost of Revenue | $365M |
| GROSS PROFIT | $284M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $216M |
| Cost & Expenses | $581M |
| OPERATING INCOME | $68M |
| Interest Income | $283.0K |
| Interest Expense | $16M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | -$41.0K |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $50M |
| EBIT | $53M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $649M |
| Cost of Revenue | $365M |
| GROSS PROFIT | $284M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $216M |
| Cost & Expenses | $581M |
| OPERATING INCOME | $68M |
| Interest Income | $283.0K |
| Interest Expense | $16M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | -$41.0K |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $50M |
| EBIT | $53M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$111M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | -$519.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $24M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | -$30M |
| Net Change in Cash | -$29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $134M |
| Short-Term Investments | $0 |
| Net Receivables | $624M |
| Inventory | $377M |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $484M |
| Goodwill | $2.9B |
| Intangible Assets | $1.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $248M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $219M |
| Short-Term Debt | $13M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $742M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $689M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $111M |
| Additional Paid-In Capital | $58M |
| Retained Earnings | $2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$174M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.0B |
| Net Debt | $1.9B |
