| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $720M | $737M | $653M | -2.2% | 10.3% |
| Op. Income | $88M | $58M | $71M | 50.9% | 24.0% |
| Gross Margin | 25.7% | 22.5% | 24.6% | 3.3pp | 1.1pp |
| Net Margin | 7.4% | 9.1% | 7.5% | -1.7pp | -0.1pp |
| EPS (Diluted) | $0.83 | $1.03 | $0.77 | -19.4% | 7.8% |
| Free Cash Flow | $10M | $150M | $53M | -93.2% | -80.9% |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $535M |
| GROSS PROFIT | $185M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $633M |
| OPERATING INCOME | $88M |
| Interest Income | $487.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $8M |
| 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 | $32M |
| EBIT | $88M |
| EBITDA | $120M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $720M |
| Cost of Revenue | $535M |
| GROSS PROFIT | $185M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $61M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $633M |
| OPERATING INCOME | $88M |
| Interest Income | $487.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $8M |
| 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 | $32M |
| EBIT | $88M |
| EBITDA | $120M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$47.0K |
| Other Non-Cash Items | $24M |
| Change in Working Capital | -$94M |
| OPERATING CASH FLOW | $27M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $19M |
| Purchases of Investments | -$2.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | $10M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $148M |
| Short-Term Investments | $0 |
| Net Receivables | $581M |
| Inventory | $520M |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.0B |
| Goodwill | $796M |
| Intangible Assets | $613M |
| Long-Term Investments | $21M |
| Tax Assets | $18M |
| Other Non-Current Assets | $196M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $218M |
| Short-Term Debt | $385M |
| Deferred Revenue | $25M |
| Other Current Liabilities | $7M |
| TOTAL CURRENT LIABILITIES | $792M |
| Long-Term Debt | $729M |
| Deferred Revenue NC | $341M |
| Deferred Tax Liabilities | $155M |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $216M |
| Retained Earnings | $2.3B |
| Treasury Stock | -$603M |
| Accum. Other Comp. Income | -$94M |
| Other Equity | $10M |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.1B |
| Net Debt | $991M |
