| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $434M | — | $468M | — | -7.3% |
| Op. Income | -$6M | — | -$5M | — | -20.0% |
| Gross Margin | 51.8% | — | 47.9% | — | 4.0pp |
| Net Margin | 38.7% | — | -2.1% | — | 40.8pp |
| EPS (Diluted) | $1.51 | — | $-0.09 | — | 1868.1% |
| Free Cash Flow | -$2M | — | $33M | — | -106.1% |
| Item | Amount |
|---|---|
| REVENUE | $434M |
| Cost of Revenue | $209M |
| GROSS PROFIT | $225M |
| R&D Expenses | $73M |
| Selling & Marketing | $0 |
| General & Administrative | $158M |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $231M |
| Cost & Expenses | $440M |
| OPERATING INCOME | -$6M |
| Interest Income | $2M |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | -$14M |
| Income Tax Expense | -$182M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $42M |
| EBIT | -$7M |
| EBITDA | $35M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$149M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $10M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$73M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$88M |
| FREE CASH FLOW | -$2M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $394M |
| Short-Term Investments | $0 |
| Net Receivables | $448M |
| Inventory | $28M |
| Other Current Assets | $104M |
| TOTAL CURRENT ASSETS | $974M |
| PP&E (Net) | $383M |
| Goodwill | $394M |
| Intangible Assets | $30M |
| Long-Term Investments | $0 |
| Tax Assets | $253M |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $96M |
| Short-Term Debt | $25M |
| Deferred Revenue | $555M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $906M |
| Long-Term Debt | $448M |
| Deferred Revenue NC | $44M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $286M |
| TOTAL NON-CURRENT LIABILITIES | $896M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$169M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $349M |
| Minority Interest | $0 |
| TOTAL EQUITY | $349M |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $662M |
| Net Debt | $268M |
