| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $639M | $716M | $608M | -10.8% | 5.1% |
| Op. Income | $94M | $114M | $85M | -16.9% | 10.6% |
| Gross Margin | 42.1% | 40.9% | 42.1% | 1.2pp | 0.1pp |
| Net Margin | 11.0% | 10.3% | 9.6% | 0.7pp | 1.4pp |
| EPS (Diluted) | $0.82 | $0.86 | $0.68 | -4.7% | 20.6% |
| Free Cash Flow | $73M | $78M | $44M | -6.1% | 65.4% |
| Item | Amount |
|---|---|
| REVENUE | $639M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $269M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $175M |
| Cost & Expenses | $544M |
| OPERATING INCOME | $94M |
| Interest Income | $367.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $47M |
| EBIT | $95M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $639M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $269M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $175M |
| Cost & Expenses | $544M |
| OPERATING INCOME | $94M |
| Interest Income | $367.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $47M |
| EBIT | $95M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $225.0K |
| Other Non-Cash Items | -$21M |
| Change in Working Capital | -$610.0K |
| OPERATING CASH FLOW | $101M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$196.0K |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $18M |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $219M |
| Short-Term Investments | $0 |
| Net Receivables | $481M |
| Inventory | $234M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $989M |
| PP&E (Net) | $984M |
| Goodwill | $0 |
| Intangible Assets | $3.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $131M |
| Short-Term Debt | $0 |
| Deferred Revenue | $49M |
| Other Current Liabilities | $165M |
| TOTAL CURRENT LIABILITIES | $374M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $155M |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$121M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $12M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
