| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $509M | $236M | $535M | 115.8% | -4.9% |
| Op. Income | $42M | -$44M | $6M | 197.0% | 600.2% |
| Gross Margin | 27.2% | 16.7% | 27.4% | 10.5pp | -0.2pp |
| Net Margin | 5.5% | -14.4% | 0.4% | 19.8pp | 5.0pp |
| EPS (Diluted) | $0.49 | $-0.69 | $0.04 | 171.0% | 1125.0% |
| Free Cash Flow | -$55M | $32M | -$67M | -270.7% | 18.4% |
| Item | Amount |
|---|---|
| REVENUE | $509M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $97M |
| General & Administrative | $7M |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $103M |
| Cost & Expenses | $474M |
| OPERATING INCOME | $42M |
| Interest Income | $478.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $42M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $509M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $139M |
| R&D Expenses | $0 |
| Selling & Marketing | $97M |
| General & Administrative | $7M |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $103M |
| Cost & Expenses | $474M |
| OPERATING INCOME | $42M |
| Interest Income | $478.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $9M |
| EBIT | $42M |
| EBITDA | $52M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$85M |
| OPERATING CASH FLOW | -$52M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$496.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $89M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | $69M |
| FREE CASH FLOW | -$55M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $205M |
| Inventory | $80M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $340M |
| PP&E (Net) | $200M |
| Goodwill | $245M |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $629M |
| TOTAL ASSETS | $969M |
| Account Payables | $47M |
| Short-Term Debt | $30M |
| Deferred Revenue | $123M |
| Other Current Liabilities | $94M |
| TOTAL CURRENT LIABILITIES | $448M |
| Long-Term Debt | $208M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | -$68M |
| TOTAL NON-CURRENT LIABILITIES | $251M |
| TOTAL LIABILITIES | $698M |
| Common Stock | $289M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $19M |
| TOTAL STOCKHOLDERS' EQUITY | $292M |
| Minority Interest | -$2M |
| TOTAL EQUITY | $290M |
| TOTAL LIABILITIES & EQUITY | $698M |
| Total Debt | $347M |
| Net Debt | $333M |
