| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $971M | $982M | $717M | -1.1% | 35.5% |
| Op. Income | $28M | $42M | $9M | -31.4% | 205.8% |
| Gross Margin | 12.7% | 13.5% | 12.0% | -0.8pp | 0.7pp |
| Net Margin | 2.0% | 2.7% | 0.8% | -0.7pp | 1.1pp |
| EPS (Diluted) | $0.04 | $0.05 | $0.01 | -26.4% | 208.3% |
| Free Cash Flow | $34M | $57M | $7M | -39.2% | 401.2% |
| Item | Amount |
|---|---|
| REVENUE | $971M |
| Cost of Revenue | $848M |
| GROSS PROFIT | $123M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $943M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $6M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $971M |
| Cost of Revenue | $848M |
| GROSS PROFIT | $123M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $95M |
| Cost & Expenses | $943M |
| OPERATING INCOME | $28M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $6M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$1M |
| OPERATING CASH FLOW | $38M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$3M |
| Net Debt Issuance | -$37M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $106M |
| Short-Term Investments | $0 |
| Net Receivables | $544M |
| Inventory | $821M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $198M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $9M |
| Tax Assets | $28M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $243M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $466M |
| Short-Term Debt | $79M |
| Deferred Revenue | $113M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $739M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $98M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $125M |
| TOTAL LIABILITIES | $864M |
| Common Stock | $336M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $559M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$66.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $875M |
| Minority Interest | $157.0K |
| TOTAL EQUITY | $875M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $79M |
| Net Debt | -$26M |
