| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $418M | $389M | $417M | 7.5% | 0.0% |
| Op. Income | $6M | -$5M | -$17M | 223.4% | 134.3% |
| Gross Margin | 33.7% | 33.0% | 27.4% | 0.7pp | 6.3pp |
| Net Margin | 0.9% | -0.4% | -6.3% | 1.3pp | 7.3pp |
| EPS (Diluted) | $0.11 | $-0.04 | $-0.79 | 355.8% | 113.9% |
| Free Cash Flow | -$2M | $1M | $28M | -269.2% | -107.7% |
| Item | Amount |
|---|---|
| REVENUE | $418M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $141M |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $11M |
| Operating Expenses | $127M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $30M |
| EBIT | $6M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $418M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $141M |
| R&D Expenses | $90M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $11M |
| Operating Expenses | $127M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$300.0K |
| Net Income from Continuing Ops | $4M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$400.0K |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $30M |
| EBIT | $6M |
| EBITDA | $36M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $5M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$900.0K |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $263M |
| Short-Term Investments | $0 |
| Net Receivables | $333M |
| Inventory | $161M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $789M |
| PP&E (Net) | $111M |
| Goodwill | $373M |
| Intangible Assets | $199M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $736M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $175M |
| Short-Term Debt | $0 |
| Deferred Revenue | $36M |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $326M |
| Long-Term Debt | $455M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $489M |
| TOTAL LIABILITIES | $815M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $610M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $710M |
| Minority Interest | $0 |
| TOTAL EQUITY | $710M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $455M |
| Net Debt | $192M |
