| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $161M | $173M | $169M | -7.1% | -4.9% |
| Op. Income | $79M | $94M | $68M | -16.5% | 16.8% |
| Gross Margin | 77.8% | 84.1% | 69.2% | -6.3pp | 8.6pp |
| Net Margin | 1.1% | -51.7% | -80.7% | 52.9pp | 81.8pp |
| EPS (Diluted) | $0.02 | $-0.75 | $-1.14 | 102.0% | 101.3% |
| Free Cash Flow | $53M | $74M | $84M | -28.0% | -36.5% |
| Item | Amount |
|---|---|
| REVENUE | $161M |
| Cost of Revenue | $36M |
| GROSS PROFIT | $125M |
| R&D Expenses | $0 |
| Selling & Marketing | -$14M |
| General & Administrative | $16M |
| SG&A Expenses | $2M |
| Other Expenses | -$88M |
| Operating Expenses | $99M |
| Cost & Expenses | $135M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $50M |
| Other Income/Expenses | -$96M |
| INCOME BEFORE TAX | -$17M |
| Income Tax Expense | -$19M |
| Net Income from Continuing Ops | $2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$7.3K |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $42M |
| EBIT | $79M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $55M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$57.7K |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$2.7B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7.3K |
| Other Financing Activities | $2.7B |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $751M |
| Short-Term Investments | $0 |
| Net Receivables | $38M |
| Inventory | $3M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $830M |
| PP&E (Net) | $1.1B |
| Goodwill | $1.8B |
| Intangible Assets | $587M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $57M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $3M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $78M |
| TOTAL CURRENT LIABILITIES | $118M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $581M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $113M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $753M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $910M |
| Minority Interest | $0 |
| TOTAL EQUITY | $910M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $2.7B |
| Net Debt | $2.0B |
