| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.2B | $3.9B | 4.5% | 11.2% |
| Op. Income | $275M | $266M | $244M | 3.5% | 12.6% |
| Gross Margin | 16.3% | 16.6% | 16.3% | -0.3pp | -0.0pp |
| Net Margin | 4.2% | 4.1% | 3.3% | 0.1pp | 0.9pp |
| EPS (Diluted) | $1.20 | $1.12 | $0.83 | 7.1% | 44.6% |
| Free Cash Flow | $250M | $92M | $41M | 170.8% | 508.8% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $714M |
| R&D Expenses | $0 |
| Selling & Marketing | $48M |
| General & Administrative | $391M |
| SG&A Expenses | $439M |
| Other Expenses | $0 |
| Operating Expenses | $439M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $275M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $66M |
| EBIT | $275M |
| EBITDA | $341M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $714M |
| R&D Expenses | $0 |
| Selling & Marketing | $48M |
| General & Administrative | $391M |
| SG&A Expenses | $439M |
| Other Expenses | $0 |
| Operating Expenses | $439M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $275M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $238M |
| Income Tax Expense | $55M |
| Net Income from Continuing Ops | $184M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $184M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $184M |
| D&A | $66M |
| EBIT | $275M |
| EBITDA | $341M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $184M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $270M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $250M |
| Net Change in Cash | $154M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $255M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $481M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $148M |
| Goodwill | $2.5B |
| Intangible Assets | $758M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $7.4B |
| Account Payables | $1.6B |
| Short-Term Debt | $32M |
| Deferred Revenue | $189M |
| Other Current Liabilities | $372M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $158M |
| Other Non-Current Liabilities | $65M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $3.2B |
| Net Debt | $3.0B |
