| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $531M | $574M | $505M | -7.4% | 5.2% |
| Op. Income | $102M | $93M | $89M | 10.1% | 15.1% |
| Gross Margin | 56.0% | 54.3% | 54.9% | 1.7pp | 1.1pp |
| Net Margin | 12.0% | 10.9% | 10.4% | 1.1pp | 1.6pp |
| EPS (Diluted) | $0.35 | $0.34 | $0.28 | 2.4% | 21.8% |
| Free Cash Flow | $79M | $102M | $47M | -22.9% | 68.1% |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $87M |
| General & Administrative | $41M |
| SG&A Expenses | $128M |
| Other Expenses | -$1M |
| Operating Expenses | $195M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1K |
| NET INCOME | $64M |
| Net Income Deductions | -$366 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | -$4M |
| EBIT | $102M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $531M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $87M |
| General & Administrative | $41M |
| SG&A Expenses | $128M |
| Other Expenses | -$1M |
| Operating Expenses | $195M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $93M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1K |
| NET INCOME | $64M |
| Net Income Deductions | -$366 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | -$4M |
| EBIT | $102M |
| EBITDA | $98M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $233M |
| Short-Term Investments | $0 |
| Net Receivables | $235M |
| Inventory | $229M |
| Other Current Assets | $314M |
| TOTAL CURRENT ASSETS | $782M |
| PP&E (Net) | $1.0B |
| Goodwill | $106M |
| Intangible Assets | $85M |
| Long-Term Investments | $138M |
| Tax Assets | -$329M |
| Other Non-Current Assets | $390M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.2B |
| Account Payables | $228M |
| Short-Term Debt | $119M |
| Deferred Revenue | -$228M |
| Other Current Liabilities | $192M |
| TOTAL CURRENT LIABILITIES | $540M |
| Long-Term Debt | $181M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $116M |
| TOTAL NON-CURRENT LIABILITIES | $317M |
| TOTAL LIABILITIES | $857M |
| Common Stock | $633M |
| Additional Paid-In Capital | $633M |
| Retained Earnings | $837M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$225M |
| Other Equity | -$633M |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $104M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $300M |
| Net Debt | $67M |
