| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $906M | $879M | $667M | 3.2% | 35.9% |
| Op. Income | $74M | $66M | $61M | 13.1% | 22.1% |
| Gross Margin | 29.8% | 30.0% | 32.7% | -0.2pp | -2.9pp |
| Net Margin | 5.4% | 3.8% | 5.2% | 1.6pp | 0.2pp |
| EPS (Diluted) | $0.93 | $0.63 | $0.66 | 47.6% | 40.9% |
| Free Cash Flow | $85M | $68M | $49M | 23.7% | 73.1% |
| Item | Amount |
|---|---|
| REVENUE | $906M |
| Cost of Revenue | $636M |
| GROSS PROFIT | $270M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $177M |
| SG&A Expenses | $177M |
| Other Expenses | $19M |
| Operating Expenses | $196M |
| Cost & Expenses | $832M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $19M |
| EBIT | $74M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $906M |
| Cost of Revenue | $636M |
| GROSS PROFIT | $270M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $177M |
| SG&A Expenses | $177M |
| Other Expenses | $19M |
| Operating Expenses | $196M |
| Cost & Expenses | $832M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $19M |
| EBIT | $74M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$459.0K |
| OPERATING CASH FLOW | $92M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $264.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$60.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$88M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$466.0K |
| NET CASH FROM FINANCING | -$88M |
| FREE CASH FLOW | $85M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $41M |
| Short-Term Investments | $0 |
| Net Receivables | $588M |
| Inventory | $14M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $647M |
| PP&E (Net) | $82M |
| Goodwill | $1.4B |
| Intangible Assets | $503M |
| Long-Term Investments | -$153M |
| Tax Assets | $72M |
| Other Non-Current Assets | $95M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $29M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $291M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | -$1.2B |
| Deferred Tax Liabilities | $72M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $524.0K |
| Additional Paid-In Capital | $594M |
| Retained Earnings | $540M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
