| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | -4.5% | 1.2% |
| Op. Income | $67M | $80M | $70M | -16.0% | -3.4% |
| Gross Margin | 6.2% | 7.0% | 6.5% | -0.8pp | -0.3pp |
| Net Margin | 3.9% | 3.9% | 3.4% | -0.0pp | 0.5pp |
| EPS (Diluted) | $1.67 | $1.76 | $1.47 | -5.1% | 13.6% |
| Free Cash Flow | $72M | $56M | $47M | 27.9% | 55.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $18M |
| EBIT | $67M |
| EBITDA | $85M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $67M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $18M |
| EBIT | $67M |
| EBITDA | $85M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | -$406.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $217.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$63M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $0 |
| Net Receivables | $789M |
| Inventory | $0 |
| Other Current Assets | $77M |
| TOTAL CURRENT ASSETS | $933M |
| PP&E (Net) | $95M |
| Goodwill | $2.6B |
| Intangible Assets | $226M |
| Long-Term Investments | -$284M |
| Tax Assets | $284M |
| Other Non-Current Assets | $131M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $125M |
| Short-Term Debt | $67M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $175M |
| TOTAL CURRENT LIABILITIES | $609M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | -$284M |
| Deferred Tax Liabilities | $284M |
| Other Non-Current Liabilities | $136M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $4M |
| Additional Paid-In Capital | $563M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$24M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
