| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.0B | 3.5% | 4.0% |
| Op. Income | $193M | $204M | $215M | -5.3% | -9.9% |
| Gross Margin | 44.1% | 44.3% | 46.6% | -0.2pp | -2.5pp |
| Net Margin | 13.3% | 14.1% | 39.3% | -0.8pp | -26.0pp |
| EPS (Diluted) | $0.57 | $0.58 | $1.60 | -1.7% | -64.4% |
| Free Cash Flow | $166M | $235M | $233M | -29.4% | -29.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $600M |
| GROSS PROFIT | $474M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $155M |
| SG&A Expenses | $281M |
| Other Expenses | $0 |
| Operating Expenses | $281M |
| Cost & Expenses | $881M |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $36M |
| EBIT | $196M |
| EBITDA | $232M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $600M |
| GROSS PROFIT | $474M |
| R&D Expenses | $0 |
| Selling & Marketing | $126M |
| General & Administrative | $155M |
| SG&A Expenses | $281M |
| Other Expenses | $0 |
| Operating Expenses | $281M |
| Cost & Expenses | $881M |
| OPERATING INCOME | $193M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $176M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $143M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $143M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $143M |
| D&A | $36M |
| EBIT | $196M |
| EBITDA | $232M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $143M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $2M |
| OPERATING CASH FLOW | $196M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $50M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$50M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $700.0K |
| Common Stock Repurchased | $200M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $166M |
| Net Change in Cash | $128M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $317M |
| Short-Term Investments | $0 |
| Net Receivables | $345M |
| Inventory | $383M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $598M |
| Goodwill | $2.0B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $9M |
| Tax Assets | $0 |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $430M |
| Short-Term Debt | $598M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $211M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $576M |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $293M |
| Additional Paid-In Capital | $281M |
| Retained Earnings | $3.8B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
