| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $632M | $702M | $632M | -10.0% | 0.1% |
| Op. Income | $23M | $30M | $26M | -24.4% | -10.8% |
| Gross Margin | 43.5% | 41.8% | 42.9% | 1.7pp | 0.6pp |
| Net Margin | 2.7% | 2.9% | 2.4% | -0.2pp | 0.4pp |
| EPS (Diluted) | $0.40 | $0.47 | $0.35 | -14.9% | 14.3% |
| Free Cash Flow | $42M | $57M | $53M | -26.1% | -20.8% |
| Item | Amount |
|---|---|
| REVENUE | $632M |
| Cost of Revenue | $357M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $250M |
| Other Expenses | $0 |
| Operating Expenses | $250M |
| Cost & Expenses | $607M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $15M |
| EBIT | $26M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $632M |
| Cost of Revenue | $357M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $250M |
| Other Expenses | $0 |
| Operating Expenses | $250M |
| Cost & Expenses | $607M |
| OPERATING INCOME | $23M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $15M |
| EBIT | $26M |
| EBITDA | $41M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $63.0K |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $126M |
| Inventory | $580M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $864M |
| PP&E (Net) | $209M |
| Goodwill | $127M |
| Intangible Assets | $213M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $89M |
| TOTAL NON-CURRENT ASSETS | $638M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $269M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $438M |
| Long-Term Debt | $198M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $153M |
| TOTAL NON-CURRENT LIABILITIES | $350M |
| TOTAL LIABILITIES | $788M |
| Common Stock | $432.0K |
| Additional Paid-In Capital | $137M |
| Retained Earnings | $591M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $713M |
| Minority Interest | $1M |
| TOTAL EQUITY | $714M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $198M |
| Net Debt | $101M |
