| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $655M | $656M | $605M | -0.1% | 8.3% |
| Op. Income | $73M | $131M | $60M | -44.2% | 21.9% |
| Gross Margin | 39.6% | 39.8% | 38.0% | -0.2pp | 1.6pp |
| Net Margin | 6.6% | 13.1% | 5.0% | -6.5pp | 1.6pp |
| EPS (Diluted) | $0.87 | $1.80 | $0.51 | -51.7% | 70.6% |
| Free Cash Flow | $154M | $106M | $121M | 44.9% | 27.4% |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $396M |
| GROSS PROFIT | $259M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $24M |
| Operating Expenses | $186M |
| Cost & Expenses | $582M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $37M |
| EBIT | $72M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $655M |
| Cost of Revenue | $396M |
| GROSS PROFIT | $259M |
| R&D Expenses | $33M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $24M |
| Operating Expenses | $186M |
| Cost & Expenses | $582M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $37M |
| EBIT | $72M |
| EBITDA | $109M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $93M |
| Change in Working Capital | $93M |
| OPERATING CASH FLOW | $188M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $44M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$44M |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | -$90.0K |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $154M |
| Net Change in Cash | $92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $0 |
| Net Receivables | $466M |
| Inventory | $316M |
| Other Current Assets | $56M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $366M |
| Goodwill | $1.6B |
| Intangible Assets | $511M |
| Long-Term Investments | $0 |
| Tax Assets | $56M |
| Other Non-Current Assets | $30M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $297M |
| Short-Term Debt | $0 |
| Deferred Revenue | $101M |
| Other Current Liabilities | $209M |
| TOTAL CURRENT LIABILITIES | $717M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $40M |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $172M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $503.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $922M |
| Treasury Stock | -$600M |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $441.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.5B |
| Net Debt | $1.0B |
