| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.9B | $3.5B | -2.4% | 9.9% |
| Op. Income | $222M | $244M | $197M | -9.2% | 12.3% |
| Gross Margin | 16.0% | 16.3% | 16.5% | -0.3pp | -0.5pp |
| Net Margin | 5.1% | 3.3% | 3.0% | 1.8pp | 2.1pp |
| EPS (Diluted) | $1.26 | $0.83 | $0.63 | 51.8% | 100.0% |
| Free Cash Flow | $316M | $41M | $83M | 669.1% | 282.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $614M |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $347M |
| SG&A Expenses | $393M |
| Other Expenses | $0 |
| Operating Expenses | $393M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $222M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $195M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $195M |
| D&A | $66M |
| EBIT | $222M |
| EBITDA | $287M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $614M |
| R&D Expenses | $0 |
| Selling & Marketing | $46M |
| General & Administrative | $347M |
| SG&A Expenses | $393M |
| Other Expenses | $0 |
| Operating Expenses | $393M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $222M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $195M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $195M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $195M |
| D&A | $66M |
| EBIT | $222M |
| EBITDA | $287M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $195M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$118M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $184M |
| OPERATING CASH FLOW | $339M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$196M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$43M |
| NET CASH FROM FINANCING | -$271M |
| FREE CASH FLOW | $316M |
| Net Change in Cash | $46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $412M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $161M |
| Goodwill | $2.5B |
| Intangible Assets | $897M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $7.0B |
| Account Payables | $1.3B |
| Short-Term Debt | $26M |
| Deferred Revenue | $159M |
| Other Current Liabilities | $373M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $196M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $986M |
| Minority Interest | $0 |
| TOTAL EQUITY | $986M |
| TOTAL LIABILITIES & EQUITY | $7.0B |
| Total Debt | $3.2B |
| Net Debt | $3.1B |
