| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $982M | $835M | $718M | 17.5% | 36.7% |
| Op. Income | $42M | $21M | $27M | 96.0% | 51.0% |
| Gross Margin | 13.5% | 12.7% | 13.5% | 0.8pp | -0.0pp |
| Net Margin | 2.7% | 1.7% | 2.4% | 0.9pp | 0.3pp |
| EPS (Diluted) | $0.05 | $0.03 | $0.03 | 79.6% | 52.4% |
| Free Cash Flow | $57M | -$1M | -$12M | 4262.2% | 572.7% |
| Item | Amount |
|---|---|
| REVENUE | $982M |
| Cost of Revenue | $849M |
| GROSS PROFIT | $132M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $940M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $13M |
| 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 | $6M |
| EBIT | $42M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $982M |
| Cost of Revenue | $849M |
| GROSS PROFIT | $132M |
| R&D Expenses | $43M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $91M |
| Cost & Expenses | $940M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $13M |
| 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 | $6M |
| EBIT | $42M |
| EBITDA | $48M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$73M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $544M |
| Inventory | $853M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $197M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $7M |
| Tax Assets | $26M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $239M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $527M |
| Short-Term Debt | $116M |
| Deferred Revenue | $102M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $812M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $90M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $25M |
| TOTAL NON-CURRENT LIABILITIES | $114M |
| TOTAL LIABILITIES | $926M |
| Common Stock | $332M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $532M |
| Treasury Stock | -$20M |
| Accum. Other Comp. Income | $165.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $843M |
| Minority Interest | $157.0K |
| TOTAL EQUITY | $844M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $116M |
| Net Debt | $804.0K |
