| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $800M | $854M | $971M | -6.4% | -17.6% |
| Op. Income | $33M | $30M | $28M | 9.0% | 15.3% |
| Gross Margin | 16.4% | 15.5% | 12.7% | 0.9pp | 3.7pp |
| Net Margin | 3.3% | 2.8% | 2.0% | 0.5pp | 1.3pp |
| EPS (Diluted) | $0.05 | $0.05 | $0.04 | 11.1% | 37.8% |
| Free Cash Flow | -$8M | $73M | $34M | -110.7% | -122.5% |
| Item | Amount |
|---|---|
| REVENUE | $800M |
| Cost of Revenue | $669M |
| GROSS PROFIT | $131M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $767M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $552.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $7M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $800M |
| Cost of Revenue | $669M |
| GROSS PROFIT | $131M |
| R&D Expenses | $50M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $767M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $552.0K |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $7M |
| EBIT | $34M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$585.0K |
| Other Non-Cash Items | $7M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $6M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$580.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | -$8M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $239M |
| Short-Term Investments | $0 |
| Net Receivables | $452M |
| Inventory | $685M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $226M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $5M |
| Tax Assets | $42M |
| Other Non-Current Assets | $8M |
| TOTAL NON-CURRENT ASSETS | $281M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $332M |
| Short-Term Debt | $23M |
| Deferred Revenue | $149M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $588M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $104M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $141M |
| TOTAL LIABILITIES | $729M |
| Common Stock | $354M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $638M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | -$220.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $972M |
| Minority Interest | $162.0K |
| TOTAL EQUITY | $972M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $36M |
| Net Debt | -$203M |
