| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $439M | $434M | $416M | 1.0% | 5.5% |
| Op. Income | $50M | $41M | $52M | 21.7% | -2.9% |
| Gross Margin | 36.8% | 37.7% | 39.0% | -0.8pp | -2.2pp |
| Net Margin | 8.7% | 8.1% | 8.2% | 0.7pp | 0.5pp |
| EPS (Diluted) | $1.99 | $1.81 | $1.67 | 9.9% | 19.2% |
| Free Cash Flow | $9M | $39M | $29M | -76.9% | -68.6% |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | -$172.0K |
| Operating Expenses | $111M |
| Cost & Expenses | $388M |
| OPERATING INCOME | $50M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $25M |
| EBIT | $50M |
| EBITDA | $76M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | -$172.0K |
| Operating Expenses | $111M |
| Cost & Expenses | $388M |
| OPERATING INCOME | $50M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $25M |
| EBIT | $50M |
| EBITDA | $76M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$497.0K |
| Other Non-Cash Items | $418.0K |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $123.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$140.0K |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$140.0K |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $0 |
| Net Receivables | $213M |
| Inventory | $270M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $809M |
| PP&E (Net) | $558M |
| Goodwill | $397M |
| Intangible Assets | $68M |
| Long-Term Investments | $0 |
| Tax Assets | $423.0K |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $72M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $177M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $87M |
| Other Non-Current Liabilities | $104M |
| TOTAL NON-CURRENT LIABILITIES | $191M |
| TOTAL LIABILITIES | $368M |
| Common Stock | $2M |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $0 |
| Net Debt | -$277M |
