| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $329M | $264M | $305M | 24.5% | 7.9% |
| Op. Income | $49M | $24M | $38M | 101.0% | 29.6% |
| Gross Margin | 39.0% | 35.8% | 37.4% | 3.2pp | 1.6pp |
| Net Margin | 11.5% | 7.3% | 9.7% | 4.3pp | 1.8pp |
| EPS (Diluted) | $1.51 | $0.75 | $1.18 | 101.3% | 28.0% |
| Free Cash Flow | $71M | -$11M | $43M | 731.1% | 66.3% |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $68M |
| SG&A Expenses | $79M |
| Other Expenses | $545.0K |
| Operating Expenses | $79M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $49M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $7M |
| EBIT | $49M |
| EBITDA | $56M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $329M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $128M |
| R&D Expenses | $0 |
| Selling & Marketing | $11M |
| General & Administrative | $68M |
| SG&A Expenses | $79M |
| Other Expenses | $545.0K |
| Operating Expenses | $79M |
| Cost & Expenses | $280M |
| OPERATING INCOME | $49M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | -$1.0K |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $7M |
| EBIT | $49M |
| EBITDA | $56M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $870.0K |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $20M |
| Purchases of Investments | -$71M |
| Sales/Maturities of Investments | $20M |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$84.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $644.0K |
| NET CASH FROM FINANCING | $644.0K |
| FREE CASH FLOW | $71M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $52M |
| Short-Term Investments | $199M |
| Net Receivables | $17M |
| Inventory | $135M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $413M |
| PP&E (Net) | $415M |
| Goodwill | $57M |
| Intangible Assets | $15M |
| Long-Term Investments | $2M |
| Tax Assets | $6M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $502M |
| TOTAL ASSETS | $914M |
| Account Payables | $48M |
| Short-Term Debt | $62M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $160M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4M |
| TOTAL NON-CURRENT LIABILITIES | $288M |
| TOTAL LIABILITIES | $448M |
| Common Stock | $161M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $317M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$13M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $466M |
| Minority Interest | $0 |
| TOTAL EQUITY | $466M |
| TOTAL LIABILITIES & EQUITY | $914M |
| Total Debt | $347M |
| Net Debt | $294M |
