| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $443M | $422M | $416M | 5.0% | 6.5% |
| Op. Income | $68M | $87M | $49M | -21.7% | 38.7% |
| Gross Margin | 33.0% | 31.5% | 32.5% | 1.6pp | 0.5pp |
| Net Margin | 12.5% | 12.3% | 10.5% | 0.2pp | 2.0pp |
| EPS (Diluted) | $0.73 | $0.69 | $0.58 | 5.8% | 25.9% |
| Free Cash Flow | $19M | $43M | $17M | -56.5% | 10.6% |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $147M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $375M |
| OPERATING INCOME | $68M |
| Interest Income | $900.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $26M |
| EBIT | $72M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $443M |
| Cost of Revenue | $297M |
| GROSS PROFIT | $147M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $69M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $375M |
| OPERATING INCOME | $68M |
| Interest Income | $900.0K |
| Interest Expense | $2M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $26M |
| EBIT | $72M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$700.0K |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $48M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$91M |
| FREE CASH FLOW | $19M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $266M |
| Short-Term Investments | $0 |
| Net Receivables | $318M |
| Inventory | $226M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $868M |
| PP&E (Net) | $890M |
| Goodwill | $105M |
| Intangible Assets | $20M |
| Long-Term Investments | $95M |
| Tax Assets | $33M |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $138M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $301M |
| Long-Term Debt | $196M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $366M |
| TOTAL LIABILITIES | $667M |
| Common Stock | $19M |
| Additional Paid-In Capital | $279M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$173M |
| Accum. Other Comp. Income | -$153M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $273M |
| Net Debt | $8M |
