| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $944M | $958M | 12.4% | 10.8% |
| Op. Income | $142M | $107M | $153M | 32.3% | -6.9% |
| Gross Margin | 38.9% | 41.2% | 42.5% | -2.4pp | -3.6pp |
| Net Margin | 10.2% | 7.7% | 9.5% | 2.5pp | 0.7pp |
| EPS (Diluted) | $2.70 | $1.80 | $2.15 | 50.0% | 25.6% |
| Free Cash Flow | $41M | $111M | $125M | -63.0% | -67.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $649M |
| GROSS PROFIT | $412M |
| R&D Expenses | $0 |
| Selling & Marketing | $176M |
| General & Administrative | $27M |
| SG&A Expenses | $275M |
| Other Expenses | -$5M |
| Operating Expenses | $270M |
| Cost & Expenses | $919M |
| OPERATING INCOME | $142M |
| Interest Income | $200.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $22M |
| EBIT | $146M |
| EBITDA | $168M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $649M |
| GROSS PROFIT | $412M |
| R&D Expenses | $0 |
| Selling & Marketing | $176M |
| General & Administrative | $27M |
| SG&A Expenses | $275M |
| Other Expenses | -$5M |
| Operating Expenses | $270M |
| Cost & Expenses | $919M |
| OPERATING INCOME | $142M |
| Interest Income | $200.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $137M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $22M |
| EBIT | $146M |
| EBITDA | $168M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$74M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $100.0K |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $129M |
| Short-Term Investments | $0 |
| Net Receivables | $638M |
| Inventory | $412M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $287M |
| Goodwill | $971M |
| Intangible Assets | $499M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $451M |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $683M |
| Long-Term Debt | $356M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $93M |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $589M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $906M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $357M |
| Net Debt | $228M |
