| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $653M | $719M | $470M | -9.3% | 38.9% |
| Op. Income | $71M | $108M | $42M | -34.3% | 67.2% |
| Gross Margin | 24.6% | 24.4% | 26.2% | 0.2pp | -1.6pp |
| Net Margin | 7.5% | 10.4% | 3.9% | -2.8pp | 3.6pp |
| EPS (Diluted) | $0.77 | $1.16 | $0.29 | -33.6% | 165.5% |
| Free Cash Flow | $53M | $100M | -$31M | -46.5% | 272.2% |
| Item | Amount |
|---|---|
| REVENUE | $653M |
| Cost of Revenue | $492M |
| GROSS PROFIT | $161M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $582M |
| OPERATING INCOME | $71M |
| Interest Income | $371.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $39M |
| EBIT | $71M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $653M |
| Cost of Revenue | $492M |
| GROSS PROFIT | $161M |
| R&D Expenses | $39M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $90M |
| Cost & Expenses | $582M |
| OPERATING INCOME | $71M |
| Interest Income | $371.0K |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $39M |
| EBIT | $71M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $85M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $249.0K |
| Purchases of Investments | -$947.0K |
| Sales/Maturities of Investments | $27.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$59M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $53M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $493M |
| Inventory | $525M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $1.1B |
| Goodwill | $809M |
| Intangible Assets | $673M |
| Long-Term Investments | $7M |
| Tax Assets | $15M |
| Other Non-Current Assets | $169M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $225M |
| Short-Term Debt | $160M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $6M |
| TOTAL CURRENT LIABILITIES | $576M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $319M |
| Deferred Tax Liabilities | $168M |
| Other Non-Current Liabilities | $141M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $196M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$544M |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
