| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.8B | — | -5.9% | — |
| Op. Income | $150M | $153M | — | -2.0% | — |
| Gross Margin | 40.0% | 37.1% | — | 2.9pp | — |
| Net Margin | 6.2% | 6.6% | — | -0.4pp | — |
| EPS (Diluted) | $0.09 | $0.11 | — | -18.2% | — |
| Free Cash Flow | $62M | -$88M | — | 170.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $992M |
| GROSS PROFIT | $661M |
| R&D Expenses | $363M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $0 |
| Operating Expenses | $511M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $41M |
| EBIT | $144M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $992M |
| GROSS PROFIT | $661M |
| R&D Expenses | $363M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $148M |
| Other Expenses | $0 |
| Operating Expenses | $511M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $150M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $41M |
| EBIT | $144M |
| EBITDA | $185M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $36M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$10M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $95M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $10M |
| Net Receivables | $1.3B |
| Inventory | $738M |
| Other Current Assets | $207M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $318M |
| Goodwill | $289M |
| Intangible Assets | $274M |
| Long-Term Investments | $58M |
| Tax Assets | $0 |
| Other Non-Current Assets | $94M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $508M |
| Short-Term Debt | $136M |
| Deferred Revenue | $3M |
| Other Current Liabilities | $233M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $177M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $10M |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | -$7.5B |
| Treasury Stock | -$67M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.3B |
| Net Debt | $257M |
