| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | 0.9% | -1.4% |
| Op. Income | $70M | $53M | -$132M | 32.1% | 153.0% |
| Gross Margin | 18.9% | 17.6% | 8.1% | 1.3pp | 10.8pp |
| Net Margin | 13.9% | -1.1% | -62.8% | 15.1pp | 76.7pp |
| EPS (Diluted) | $0.98 | $-0.08 | $-4.69 | 1277.9% | 120.9% |
| Free Cash Flow | $188M | $73M | $75M | 157.5% | 150.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $282M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $149M |
| SG&A Expenses | $149M |
| Other Expenses | -$6M |
| Operating Expenses | $212M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$204M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $119M |
| EBIT | $36M |
| EBITDA | $155M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $282M |
| R&D Expenses | $2M |
| Selling & Marketing | $0 |
| General & Administrative | $149M |
| SG&A Expenses | $149M |
| Other Expenses | -$6M |
| Operating Expenses | $212M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $70M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$66M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$204M |
| Net Income from Continuing Ops | $208M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $119M |
| EBIT | $36M |
| EBITDA | $155M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $208M |
| Depreciation & Amortization | $119M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$223M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | $120M |
| OPERATING CASH FLOW | $237M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | -$56M |
| Purchases of Investments | $163M |
| Sales/Maturities of Investments | -$117M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $5M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $188M |
| Net Change in Cash | $190M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $658M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $757M |
| Other Current Assets | $865M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $257M |
| Goodwill | $3.4B |
| Intangible Assets | $891M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $324M |
| TOTAL NON-CURRENT ASSETS | $4.8B |
| TOTAL ASSETS | $7.5B |
| Account Payables | $138M |
| Short-Term Debt | $82M |
| Deferred Revenue | $151M |
| Other Current Liabilities | $656M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $146M |
| Deferred Tax Liabilities | $384M |
| Other Non-Current Liabilities | $146M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $171M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$494M |
| Other Equity | -$142M |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $7.5B |
| Total Debt | $2.1B |
| Net Debt | $1.4B |
