| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $340M | $295M | $418M | 15.2% | -18.6% |
| Op. Income | $3M | -$33M | $6M | 109.6% | -44.8% |
| Gross Margin | 37.1% | 30.6% | 33.7% | 6.5pp | 3.4pp |
| Net Margin | 1.2% | -15.7% | 0.9% | 16.8pp | 0.3pp |
| EPS (Diluted) | $0.12 | $-1.35 | $0.11 | 108.9% | 9.1% |
| Free Cash Flow | $40M | $37M | -$2M | 6.4% | 1909.1% |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $214M |
| GROSS PROFIT | $126M |
| R&D Expenses | $86M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $28M |
| Other Expenses | $10M |
| Operating Expenses | $123M |
| Cost & Expenses | $337M |
| OPERATING INCOME | $3M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | -$400.0K |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$500.0K |
| NET INCOME | $4M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $4M |
| D&A | $25M |
| EBIT | $3M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $4M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $300.0K |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $351M |
| Short-Term Investments | $0 |
| Net Receivables | $232M |
| Inventory | $138M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $737M |
| PP&E (Net) | $99M |
| Goodwill | $373M |
| Intangible Assets | $127M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $687M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $99M |
| Short-Term Debt | $0 |
| Deferred Revenue | $45M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $248M |
| Long-Term Debt | $473M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $31M |
| TOTAL NON-CURRENT LIABILITIES | $522M |
| TOTAL LIABILITIES | $770M |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $587M |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $655M |
| Minority Interest | $0 |
| TOTAL EQUITY | $655M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $499M |
| Net Debt | $148M |
