| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $625M | $762M | $671M | -18.0% | -6.8% |
| Op. Income | $15M | $22M | $11M | -29.3% | 35.1% |
| Gross Margin | 15.4% | 13.1% | 12.9% | 2.4pp | 2.5pp |
| Net Margin | 1.8% | 2.7% | 1.1% | -0.9pp | 0.7pp |
| EPS (Diluted) | $0.42 | $0.77 | $0.28 | -45.5% | 50.0% |
| Free Cash Flow | $32M | -$13M | $24M | 349.9% | 34.7% |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $529M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $70M |
| SG&A Expenses | $74M |
| Other Expenses | $3M |
| Operating Expenses | $81M |
| Cost & Expenses | $609M |
| OPERATING INCOME | $15M |
| Interest Income | $116.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $116.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $3M |
| EBIT | $16M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $529M |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $4M |
| General & Administrative | $70M |
| SG&A Expenses | $74M |
| Other Expenses | $3M |
| Operating Expenses | $81M |
| Cost & Expenses | $609M |
| OPERATING INCOME | $15M |
| Interest Income | $116.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $116.0K |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $3M |
| EBIT | $16M |
| EBITDA | $19M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $207.0K |
| Deferred Income Tax | $429.0K |
| Other Non-Cash Items | $417.0K |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | $859.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $409M |
| Inventory | $86M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $572M |
| PP&E (Net) | $44M |
| Goodwill | $74M |
| Intangible Assets | $11M |
| Long-Term Investments | -$14M |
| Tax Assets | $16M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $132M |
| TOTAL ASSETS | $704M |
| Account Payables | $152M |
| Short-Term Debt | $859.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $18M |
| TOTAL LIABILITIES | $212M |
| Common Stock | $287.0K |
| Additional Paid-In Capital | $114M |
| Retained Earnings | $396M |
| Treasury Stock | -$19M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $492M |
| Minority Interest | $0 |
| TOTAL EQUITY | $492M |
| TOTAL LIABILITIES & EQUITY | $704M |
| Total Debt | $859.0K |
| Net Debt | -$70M |
