| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.5B | 7.1% | 2.7% |
| Op. Income | $259M | $241M | $253M | 7.5% | 2.4% |
| Gross Margin | 42.8% | 43.0% | 44.0% | -0.2pp | -1.2pp |
| Net Margin | 11.9% | 16.5% | 11.6% | -4.5pp | 0.3pp |
| EPS (Diluted) | $1.37 | $1.77 | $1.31 | -22.6% | 4.6% |
| Free Cash Flow | $215M | $24M | $168M | 795.8% | 28.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $868M |
| GROSS PROFIT | $649M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $358M |
| Other Expenses | $0 |
| Operating Expenses | $390M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $259M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $40M |
| EBIT | $261M |
| EBITDA | $301M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $868M |
| GROSS PROFIT | $649M |
| R&D Expenses | $32M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $358M |
| Other Expenses | $0 |
| Operating Expenses | $390M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $259M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $40M |
| EBIT | $261M |
| EBITDA | $301M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $252M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $569M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$109M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $469M |
| FREE CASH FLOW | $215M |
| Net Change in Cash | $685M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $595M |
| Inventory | $508M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $933M |
| Goodwill | $1.2B |
| Intangible Assets | $718M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $947M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $27M |
| Other Non-Current Liabilities | $778M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $159M |
| Additional Paid-In Capital | $956M |
| Retained Earnings | $2.7B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | -$525M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $837M |
| Minority Interest | $0 |
| TOTAL EQUITY | $837M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $2.9B |
| Net Debt | $1.7B |
