| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $366M | $318M | $296M | 15.1% | 23.9% |
| Op. Income | $11M | $8M | $10M | 34.3% | 14.2% |
| Gross Margin | 45.1% | 44.4% | 43.7% | 0.7pp | 1.4pp |
| Net Margin | 2.9% | 5.7% | 4.6% | -2.8pp | -1.6pp |
| EPS (Diluted) | $0.10 | $0.18 | $0.01 | -44.4% | 614.3% |
| Free Cash Flow | $44M | $6M | $21M | 616.0% | 113.4% |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $0 |
| Operating Expenses | $154M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $11M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $3M |
| EBIT | $11M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $366M |
| Cost of Revenue | $201M |
| GROSS PROFIT | $165M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $154M |
| Other Expenses | $0 |
| Operating Expenses | $154M |
| Cost & Expenses | $355M |
| OPERATING INCOME | $11M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $12M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $3M |
| EBIT | $11M |
| EBITDA | $14M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$169M |
| Sales/Maturities of Investments | $302.0K |
| Other Investing Activities | $302.0K |
| NET CASH FROM INVESTING | -$176M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $637.0K |
| NET CASH FROM FINANCING | $637.0K |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $173M |
| Short-Term Investments | $85M |
| Net Receivables | $0 |
| Inventory | $107M |
| Other Current Assets | $250.0K |
| TOTAL CURRENT ASSETS | $398M |
| PP&E (Net) | $38M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $84M |
| Tax Assets | $15M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $152M |
| TOTAL ASSETS | $551M |
| Account Payables | $106M |
| Short-Term Debt | $0 |
| Deferred Revenue | $11M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $192M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $25M |
| TOTAL LIABILITIES | $217M |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $243M |
| Retained Earnings | $90M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$56.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $334M |
| Minority Interest | $0 |
| TOTAL EQUITY | $334M |
| TOTAL LIABILITIES & EQUITY | $551M |
| Total Debt | $0 |
| Net Debt | -$173M |
