| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $147M | $103M | $137M | 43.6% | 7.8% |
| Op. Income | $106M | $66M | $65M | 60.7% | 63.1% |
| Gross Margin | 77.9% | 69.9% | 87.3% | 8.0pp | -9.4pp |
| Net Margin | 23.9% | 38.7% | -56.8% | -14.8pp | 80.7pp |
| EPS (Diluted) | $0.17 | $0.20 | $-0.44 | -15.0% | 138.6% |
| Free Cash Flow | $75M | $95M | $54M | -21.7% | 38.7% |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $106M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $44M |
| EBIT | $62M |
| EBITDA | $106M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $147M |
| Cost of Revenue | $33M |
| GROSS PROFIT | $115M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $9M |
| SG&A Expenses | $9M |
| Other Expenses | $0 |
| Operating Expenses | $9M |
| Cost & Expenses | $41M |
| OPERATING INCOME | $106M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$70M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $44M |
| EBIT | $62M |
| EBITDA | $106M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$76M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $100M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$92M |
| Other Financing Activities | -$715.0K |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $62M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | -$62M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$97M |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $6.1B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $151M |
| TOTAL CURRENT LIABILITIES | $153M |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$631M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $191.0K |
| Other Equity | -$52M |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.5B |
| Net Debt | $2.5B |
