| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $241M | $196M | $202M | 23.0% | 19.3% |
| Op. Income | $38M | $28M | $24M | 33.7% | 57.5% |
| Gross Margin | 50.3% | 46.5% | 46.1% | 3.8pp | 4.2pp |
| Net Margin | 10.4% | 8.7% | 2.0% | 1.8pp | 8.5pp |
| EPS (Diluted) | $0.30 | $0.20 | $0.05 | 50.0% | 525.0% |
| Free Cash Flow | $49M | $26M | $75M | 90.9% | -34.0% |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $7M |
| EBIT | $38M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $241M |
| Cost of Revenue | $120M |
| GROSS PROFIT | $121M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $90M |
| Other Expenses | $0 |
| Operating Expenses | $84M |
| Cost & Expenses | $204M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $7M |
| EBIT | $38M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$275.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $145M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $297M |
| PP&E (Net) | $74M |
| Goodwill | $54M |
| Intangible Assets | $80M |
| Long-Term Investments | -$8M |
| Tax Assets | $8M |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $217M |
| TOTAL ASSETS | $514M |
| Account Payables | $69M |
| Short-Term Debt | $44M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $187M |
| Long-Term Debt | $284M |
| Deferred Revenue NC | -$8M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $298M |
| TOTAL LIABILITIES | $485M |
| Common Stock | $842.0K |
| Additional Paid-In Capital | $268M |
| Retained Earnings | -$240M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$94.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $29M |
| Minority Interest | $0 |
| TOTAL EQUITY | $29M |
| TOTAL LIABILITIES & EQUITY | $514M |
| Total Debt | $328M |
| Net Debt | $248M |
