| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $529M | $527M | $509M | 0.3% | 3.8% |
| Op. Income | $50M | $43M | $53M | 17.7% | -5.7% |
| Gross Margin | 32.6% | 33.2% | 31.8% | -0.6pp | 0.8pp |
| Net Margin | 6.7% | 5.3% | 8.1% | 1.4pp | -1.3pp |
| EPS (Diluted) | $0.74 | $0.58 | $0.84 | 27.6% | -11.9% |
| Free Cash Flow | $48M | $37M | $10M | 27.6% | 400.7% |
| Item | Amount |
|---|---|
| REVENUE | $529M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $111M |
| SG&A Expenses | $111M |
| Other Expenses | $11M |
| Operating Expenses | $122M |
| Cost & Expenses | $478M |
| OPERATING INCOME | $50M |
| Interest Income | $217.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $217.0K |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $11M |
| EBIT | $50M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $529M |
| Cost of Revenue | $356M |
| GROSS PROFIT | $172M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $111M |
| SG&A Expenses | $111M |
| Other Expenses | $11M |
| Operating Expenses | $122M |
| Cost & Expenses | $478M |
| OPERATING INCOME | $50M |
| Interest Income | $217.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $217.0K |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $11M |
| EBIT | $50M |
| EBITDA | $62M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $14M |
| Short-Term Investments | $0 |
| Net Receivables | $417M |
| Inventory | $40M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $482M |
| PP&E (Net) | $90M |
| Goodwill | $439M |
| Intangible Assets | $326M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $155M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.5B |
| Account Payables | $82M |
| Short-Term Debt | $0 |
| Deferred Revenue | $12M |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $307M |
| Long-Term Debt | $441M |
| Deferred Revenue NC | $865.0K |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $546M |
| TOTAL LIABILITIES | $854M |
| Common Stock | $488.0K |
| Additional Paid-In Capital | $453M |
| Retained Earnings | $286M |
| Treasury Stock | -$100M |
| Accum. Other Comp. Income | $151.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $639M |
| Minority Interest | $0 |
| TOTAL EQUITY | $639M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $441M |
| Net Debt | $427M |
