| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.1B | 4.1% | 2.9% |
| Op. Income | $80M | $105M | $80M | -23.3% | 0.3% |
| Gross Margin | 6.9% | 9.3% | 7.0% | -2.5pp | -0.2pp |
| Net Margin | 4.4% | 5.7% | 3.9% | -1.3pp | 0.5pp |
| EPS (Diluted) | $2.05 | $2.56 | $1.76 | -19.9% | 16.5% |
| Free Cash Flow | $61M | $89M | $56M | -31.6% | 7.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$9.0K |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $19M |
| EBIT | $80M |
| EBITDA | $99M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $80M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$9.0K |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $19M |
| EBIT | $80M |
| EBITDA | $99M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $797.0K |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$27M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $269.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $583.0K |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $66M |
| Short-Term Investments | $0 |
| Net Receivables | $807M |
| Inventory | $26M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $931M |
| PP&E (Net) | $101M |
| Goodwill | $2.6B |
| Intangible Assets | $242M |
| Long-Term Investments | $13M |
| Tax Assets | $201M |
| Other Non-Current Assets | -$75M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $82M |
| Short-Term Debt | $47M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $109M |
| TOTAL CURRENT LIABILITIES | $539M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $201M |
| Other Non-Current Liabilities | $167M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $4M |
| Additional Paid-In Capital | $571M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.1B |
| Net Debt | $996M |
