| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $657M | $641M | $680M | 2.6% | -3.4% |
| Op. Income | $15M | $11M | $23M | 39.3% | -34.0% |
| Gross Margin | 8.4% | 8.2% | 9.1% | 0.2pp | -0.7pp |
| Net Margin | 4.2% | 1.2% | -11.2% | 3.0pp | 15.4pp |
| EPS (Diluted) | $0.64 | $0.17 | $-1.54 | 276.5% | 141.6% |
| Free Cash Flow | $80M | -$16M | $39M | 611.3% | 104.6% |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $602M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | -$199.0K |
| Operating Expenses | $36M |
| Cost & Expenses | $638M |
| OPERATING INCOME | $15M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | -$478.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $12M |
| EBIT | $17M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $657M |
| Cost of Revenue | $602M |
| GROSS PROFIT | $55M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | -$199.0K |
| Operating Expenses | $36M |
| Cost & Expenses | $638M |
| OPERATING INCOME | $15M |
| Interest Income | $2M |
| Interest Expense | $2M |
| Other Income/Expenses | -$478.0K |
| INCOME BEFORE TAX | $15M |
| Income Tax Expense | -$13M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $12M |
| EBIT | $17M |
| EBITDA | $29M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $2M |
| Sales/Maturities of Investments | $522.0K |
| Other Investing Activities | -$15.0K |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$266.0K |
| Common Stock Repurchased | -$90M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$586.0K |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $458M |
| Short-Term Investments | $0 |
| Net Receivables | $608M |
| Inventory | $310M |
| Other Current Assets | $206.0K |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $211M |
| Goodwill | $192M |
| Intangible Assets | $84M |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $496M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $422M |
| Short-Term Debt | $7M |
| Deferred Revenue | $2M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $537M |
| Long-Term Debt | $147M |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $230M |
| TOTAL LIABILITIES | $768M |
| Common Stock | $4M |
| Additional Paid-In Capital | $555M |
| Retained Earnings | $584M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $154M |
| Net Debt | -$304M |
