| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $480M | $454M | $434M | 5.7% | 10.5% |
| Op. Income | $59M | $60M | $41M | -2.1% | 42.2% |
| Gross Margin | 37.3% | 38.3% | 37.7% | -1.0pp | -0.3pp |
| Net Margin | 9.6% | 10.4% | 8.1% | -0.8pp | 1.5pp |
| EPS (Diluted) | $2.40 | $2.46 | $1.81 | -2.4% | 32.6% |
| Free Cash Flow | $51M | $35M | $39M | 47.1% | 31.3% |
| Item | Amount |
|---|---|
| REVENUE | $480M |
| Cost of Revenue | $301M |
| GROSS PROFIT | $179M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $89M |
| SG&A Expenses | $92M |
| Other Expenses | -$1M |
| Operating Expenses | $120M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $59M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $28M |
| EBIT | $61M |
| EBITDA | $89M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $480M |
| Cost of Revenue | $301M |
| GROSS PROFIT | $179M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $89M |
| SG&A Expenses | $92M |
| Other Expenses | -$1M |
| Operating Expenses | $120M |
| Cost & Expenses | $421M |
| OPERATING INCOME | $59M |
| Interest Income | $3M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $28M |
| EBIT | $61M |
| EBITDA | $89M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $167.0K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $36M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $385M |
| Short-Term Investments | $0 |
| Net Receivables | $203M |
| Inventory | $285M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $914M |
| PP&E (Net) | $575M |
| Goodwill | $401M |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $448.0K |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $78M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $190M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $99M |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $216M |
| TOTAL LIABILITIES | $406M |
| Common Stock | $2M |
| Additional Paid-In Capital | $85M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $0 |
| Net Debt | -$385M |
