| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $325M | $343M | $329M | -5.3% | -1.3% |
| Op. Income | $45M | $50M | $50M | -10.0% | -10.0% |
| Gross Margin | 32.7% | 33.7% | 34.1% | -1.1pp | -1.4pp |
| Net Margin | 10.1% | 13.8% | 4.1% | -3.6pp | 6.0pp |
| EPS (Diluted) | $0.78 | $1.12 | $0.31 | -30.4% | 151.6% |
| Free Cash Flow | $58M | $27M | $46M | 115.1% | 26.5% |
| Item | Amount |
|---|---|
| REVENUE | $325M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $14M |
| EBIT | $45M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $325M |
| Cost of Revenue | $219M |
| GROSS PROFIT | $106M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $61M |
| Cost & Expenses | $279M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $14M |
| EBIT | $45M |
| EBITDA | $59M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$248.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $255M |
| Inventory | $491M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $823M |
| PP&E (Net) | $491M |
| Goodwill | $416M |
| Intangible Assets | $19M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $132M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $215M |
| Long-Term Debt | $690M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $29M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $750M |
| TOTAL LIABILITIES | $965M |
| Common Stock | $5M |
| Additional Paid-In Capital | $102M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$598M |
| Accum. Other Comp. Income | -$166M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $860M |
| Minority Interest | $0 |
| TOTAL EQUITY | $860M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $710M |
| Net Debt | $678M |
