| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.7B | $3.7B | 8.5% | 6.2% |
| Op. Income | $217M | $218M | $244M | -0.5% | -11.1% |
| Gross Margin | 11.2% | 11.6% | 11.7% | -0.4pp | -0.5pp |
| Net Margin | 7.4% | 3.1% | 3.4% | 4.3pp | 4.0pp |
| EPS (Diluted) | $1.16 | $0.45 | $0.50 | 157.8% | 132.0% |
| Free Cash Flow | -$429M | $242M | -$133M | -277.7% | -223.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $92M |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $134M |
| Operating Expenses | $226M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | -$150M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $292M |
| D&A | $134M |
| EBIT | $217M |
| EBITDA | $351M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $443M |
| R&D Expenses | $0 |
| Selling & Marketing | $92M |
| General & Administrative | $0 |
| SG&A Expenses | $92M |
| Other Expenses | $134M |
| Operating Expenses | $226M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $74M |
| Other Income/Expenses | -$74M |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | -$150M |
| Net Income from Continuing Ops | $292M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $292M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $292M |
| D&A | $134M |
| EBIT | $217M |
| EBITDA | $351M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $292M |
| Depreciation & Amortization | $134M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | -$178M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$576M |
| OPERATING CASH FLOW | -$311M |
| Capital Expenditure | -$118M |
| Acquisitions (Net) | -$1.3B |
| Purchases of Investments | -$119M |
| Sales/Maturities of Investments | $122M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$1.4B |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | $120M |
| NET CASH FROM FINANCING | $1.7B |
| FREE CASH FLOW | -$429M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $186M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $615M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $1.0B |
| Goodwill | $5.3B |
| Intangible Assets | $1.9B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $9.7B |
| TOTAL ASSETS | $12.5B |
| Account Payables | $833M |
| Short-Term Debt | $71M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $7.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $805M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $7.8B |
| TOTAL LIABILITIES | $9.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | $512M |
| Treasury Stock | -$720M |
| Accum. Other Comp. Income | -$112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $7.0B |
| Net Debt | $6.9B |
