| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $160M | $174M | $141M | -7.8% | 13.8% |
| Op. Income | $26M | $33M | $17M | -22.9% | 50.6% |
| Gross Margin | 57.6% | 57.7% | 55.4% | -0.1pp | 2.2pp |
| Net Margin | 8.3% | 7.0% | -0.9% | 1.3pp | 9.3pp |
| EPS (Diluted) | $0.20 | $0.18 | $-0.02 | 11.1% | 1120.4% |
| Free Cash Flow | $43M | $49M | $30M | -11.9% | 43.6% |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $92M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $334.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $12M |
| EBIT | $26M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $160M |
| Cost of Revenue | $68M |
| GROSS PROFIT | $92M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $66M |
| Cost & Expenses | $134M |
| OPERATING INCOME | $26M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $334.0K |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $12M |
| EBIT | $26M |
| EBITDA | $38M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $7M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | -$116.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $312M |
| Short-Term Investments | $0 |
| Net Receivables | $79M |
| Inventory | $64M |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $485M |
| PP&E (Net) | $118M |
| Goodwill | $351M |
| Intangible Assets | $37M |
| Long-Term Investments | $19M |
| Tax Assets | $14M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $578M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $43M |
| Short-Term Debt | $18M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $193M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $250M |
| TOTAL LIABILITIES | $380M |
| Common Stock | $785.0K |
| Additional Paid-In Capital | $457M |
| Retained Earnings | $575M |
| Treasury Stock | -$346M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $683M |
| Minority Interest | $0 |
| TOTAL EQUITY | $683M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $211M |
| Net Debt | -$101M |
