| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $925M | $1.3B | $895M | -31.3% | 3.3% |
| Op. Income | $84M | $297M | $66M | -71.6% | 27.9% |
| Gross Margin | 21.4% | 32.4% | 19.8% | -10.9pp | 1.6pp |
| Net Margin | 5.4% | 13.9% | 3.8% | -8.5pp | 1.6pp |
| EPS (Diluted) | $0.42 | $1.57 | $0.28 | -73.2% | 50.0% |
| Free Cash Flow | -$129M | $310M | -$192M | -141.8% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $925M |
| Cost of Revenue | $727M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $840M |
| OPERATING INCOME | $84M |
| Interest Income | $600.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $50M |
| EBIT | $84M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $925M |
| Cost of Revenue | $727M |
| GROSS PROFIT | $198M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $114M |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $840M |
| OPERATING INCOME | $84M |
| Interest Income | $600.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $50M |
| EBIT | $84M |
| EBITDA | $134M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$194M |
| OPERATING CASH FLOW | -$93M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | $190M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $146M |
| FREE CASH FLOW | -$129M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $289M |
| Short-Term Investments | $0 |
| Net Receivables | $624M |
| Inventory | $0 |
| Other Current Assets | $121M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $208M |
| Goodwill | $1.2B |
| Intangible Assets | $470M |
| Long-Term Investments | $73M |
| Tax Assets | $208M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $157M |
| Short-Term Debt | $0 |
| Deferred Revenue | $156M |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $609M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $75M |
| Deferred Tax Liabilities | $58M |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $996M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.3B |
| Net Debt | $1.0B |
