| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $605M | — | $612M | — | -1.2% |
| Op. Income | $60M | — | $59M | — | 2.4% |
| Gross Margin | 38.0% | — | 42.7% | — | -4.8pp |
| Net Margin | 5.0% | — | 5.5% | — | -0.5pp |
| EPS (Diluted) | $0.51 | — | $0.59 | — | -13.6% |
| Free Cash Flow | $121M | — | $150M | — | -19.5% |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $230M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $26M |
| Operating Expenses | $170M |
| Cost & Expenses | $545M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $37M |
| EBIT | $60M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $605M |
| Cost of Revenue | $375M |
| GROSS PROFIT | $230M |
| R&D Expenses | $29M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $26M |
| Operating Expenses | $170M |
| Cost & Expenses | $545M |
| OPERATING INCOME | $60M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $31M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $22M |
| D&A | $37M |
| EBIT | $60M |
| EBITDA | $97M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $84M |
| Change in Working Capital | $107M |
| OPERATING CASH FLOW | $152M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $167M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$166M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$730.0K |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $121M |
| Net Change in Cash | $100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $561M |
| Short-Term Investments | $0 |
| Net Receivables | $474M |
| Inventory | $297M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $337M |
| Goodwill | $1.5B |
| Intangible Assets | $545M |
| Long-Term Investments | $0 |
| Tax Assets | $43M |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $376M |
| Short-Term Debt | $0 |
| Deferred Revenue | $91M |
| Other Current Liabilities | $129M |
| TOTAL CURRENT LIABILITIES | $672M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $102M |
| Deferred Tax Liabilities | $28M |
| Other Non-Current Liabilities | $138M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $834M |
| Treasury Stock | -$426M |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $631.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.6B |
| Net Debt | $1000M |
