| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.7B | $3.4B | 2.0% | 12.8% |
| Op. Income | $194M | $182M | $211M | 7.0% | -8.0% |
| Gross Margin | 7.9% | 7.8% | 9.0% | 0.1pp | -1.0pp |
| Net Margin | 3.1% | 3.0% | 3.8% | 0.2pp | -0.7pp |
| EPS (Diluted) | $0.85 | $0.78 | $0.90 | 9.0% | -5.6% |
| Free Cash Flow | $55M | $41M | $102M | 33.7% | -46.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $24M |
| EBIT | $194M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $301M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $106M |
| Other Expenses | $0 |
| Operating Expenses | $106M |
| Cost & Expenses | $3.6B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $184M |
| Income Tax Expense | $65M |
| Net Income from Continuing Ops | $119M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $119M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $119M |
| D&A | $24M |
| EBIT | $194M |
| EBITDA | $218M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $119M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$84M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$47M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $127M |
| Common Stock Repurchased | -$61M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | $55M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $297M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $53M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $233M |
| Goodwill | $1.3B |
| Intangible Assets | $161M |
| Long-Term Investments | -$52M |
| Tax Assets | $6M |
| Other Non-Current Assets | $46M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $1.0B |
| Short-Term Debt | $719M |
| Deferred Revenue | -$59M |
| Other Current Liabilities | $82M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $750M |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $834M |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $14M |
| Additional Paid-In Capital | $427M |
| Retained Earnings | $3.3B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.5B |
| Net Debt | $1.2B |
