| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $801M | $819M | $788M | -2.2% | 1.6% |
| Op. Income | $46M | $68M | $58M | -32.3% | -20.9% |
| Gross Margin | 21.1% | 21.9% | 19.7% | -0.8pp | 1.4pp |
| Net Margin | 4.7% | 4.7% | 4.3% | 0.0pp | 0.5pp |
| EPS (Diluted) | $0.46 | $0.47 | $0.40 | -2.1% | 15.0% |
| Free Cash Flow | $64M | $50M | $68M | 28.2% | -6.9% |
| Item | Amount |
|---|---|
| REVENUE | $801M |
| Cost of Revenue | $631M |
| GROSS PROFIT | $169M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | -$900.0K |
| Operating Expenses | $123M |
| Cost & Expenses | $755M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $22M |
| EBIT | $45M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $801M |
| Cost of Revenue | $631M |
| GROSS PROFIT | $169M |
| R&D Expenses | $52M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $123M |
| Other Expenses | -$900.0K |
| Operating Expenses | $123M |
| Cost & Expenses | $755M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $3M |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $22M |
| EBIT | $45M |
| EBITDA | $67M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $400.0K |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | -$44M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | $64M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $0 |
| Net Receivables | $392M |
| Inventory | $328M |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $462M |
| Goodwill | $611M |
| Intangible Assets | $400M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $167M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $389M |
| Short-Term Debt | $33M |
| Deferred Revenue | $143M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $571M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $22M |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $219M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $387M |
| Treasury Stock | -$898M |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $599M |
| Minority Interest | $900.0K |
| TOTAL EQUITY | $599M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
