| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.4B | -8.9% | 4.0% |
| Op. Income | $304M | $322M | $283M | -5.6% | 7.4% |
| Gross Margin | 44.9% | 45.7% | 44.5% | -0.8pp | 0.4pp |
| Net Margin | 12.8% | 12.2% | 12.4% | 0.6pp | 0.4pp |
| EPS (Diluted) | $1.46 | $1.52 | $1.36 | -3.9% | 7.4% |
| Free Cash Flow | $209M | $316M | $111M | -33.9% | 88.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $826M |
| GROSS PROFIT | $674M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $338M |
| Other Expenses | $0 |
| Operating Expenses | $370M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $304M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $279M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $40M |
| EBIT | $298M |
| EBITDA | $338M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $826M |
| GROSS PROFIT | $674M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $338M |
| Other Expenses | $0 |
| Operating Expenses | $370M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $304M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $279M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $192M |
| D&A | $40M |
| EBIT | $298M |
| EBITDA | $338M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $19M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $258M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$108M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$176M |
| FREE CASH FLOW | $209M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $468M |
| Short-Term Investments | $0 |
| Net Receivables | $531M |
| Inventory | $462M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $934M |
| Goodwill | $1.2B |
| Intangible Assets | $720M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $223M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $912M |
| Short-Term Debt | $413M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $783M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $159M |
| Additional Paid-In Capital | $922M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | -$524M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $592M |
| Minority Interest | $0 |
| TOTAL EQUITY | $592M |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.2B |
| Net Debt | $1.7B |
