| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $989M | $966M | $995M | 2.4% | -0.6% |
| Op. Income | $110M | $103M | $110M | 6.4% | -0.4% |
| Gross Margin | 48.6% | 49.5% | 48.9% | -0.9pp | -0.3pp |
| Net Margin | 6.6% | 5.7% | 8.4% | 0.9pp | -1.7pp |
| EPS (Diluted) | $0.54 | $0.46 | $0.65 | 17.4% | -16.9% |
| Free Cash Flow | $27M | $66M | $82M | -60.0% | -67.5% |
| Item | Amount |
|---|---|
| REVENUE | $989M |
| Cost of Revenue | $509M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $367M |
| SG&A Expenses | $367M |
| Other Expenses | $0 |
| Operating Expenses | $367M |
| Cost & Expenses | $876M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $27M |
| EBIT | $110M |
| EBITDA | $136M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $989M |
| Cost of Revenue | $509M |
| GROSS PROFIT | $481M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $367M |
| SG&A Expenses | $367M |
| Other Expenses | $0 |
| Operating Expenses | $367M |
| Cost & Expenses | $876M |
| OPERATING INCOME | $110M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $27M |
| EBIT | $110M |
| EBITDA | $136M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $990.0K |
| Change in Working Capital | -$51M |
| OPERATING CASH FLOW | $50M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$451.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$24M |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $73.0K |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $103M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $982M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $303M |
| Goodwill | $533M |
| Intangible Assets | $70M |
| Long-Term Investments | -$79M |
| Tax Assets | $79M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $927M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $307M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $485M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $5M |
| Retained Earnings | -$114M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$215M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$215M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
