| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.8B | $1.2B | -32.4% | 3.2% |
| Op. Income | $74M | $201M | $67M | -63.1% | 11.4% |
| Gross Margin | 35.8% | 38.7% | 35.9% | -2.9pp | -0.1pp |
| Net Margin | 4.2% | 8.5% | 3.8% | -4.2pp | 0.5pp |
| EPS (Diluted) | $0.33 | $0.96 | $0.27 | -65.8% | 22.9% |
| Free Cash Flow | -$134M | $345M | -$23M | -138.9% | -477.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $797M |
| GROSS PROFIT | $444M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $370M |
| Other Expenses | $0 |
| Operating Expenses | $370M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $47M |
| EBIT | $74M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $797M |
| GROSS PROFIT | $444M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $370M |
| Other Expenses | $0 |
| Operating Expenses | $370M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $47M |
| EBIT | $74M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $64M |
| Change in Working Capital | -$276M |
| OPERATING CASH FLOW | -$98M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $107.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$34M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | -$134M |
| Net Change in Cash | -$231M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $108M |
| Short-Term Investments | $0 |
| Net Receivables | $102M |
| Inventory | $1.2B |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $2.1B |
| Goodwill | $85M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $34M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $386M |
| Short-Term Debt | $0 |
| Deferred Revenue | $292M |
| Other Current Liabilities | $76M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $113M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $788.0K |
| Additional Paid-In Capital | $572M |
| Retained Earnings | $564M |
| Treasury Stock | -$974.0K |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.7B |
| Net Debt | $1.6B |
