| Metric | Q3 2014 | Q2 2014 | Q3 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $396M | $340M | $343M | 16.5% | 15.7% |
| Op. Income | $40M | $19M | $9M | 108.6% | 331.6% |
| Gross Margin | 25.2% | 22.1% | 16.7% | 3.1pp | 8.5pp |
| Net Margin | 8.3% | 3.6% | -11.1% | 4.7pp | 19.4pp |
| EPS (Diluted) | $1.22 | $0.45 | $-1.43 | 171.1% | 185.3% |
| Free Cash Flow | $75M | $63M | -$9M | 18.2% | 907.3% |
| Item | Amount |
|---|---|
| REVENUE | $396M |
| Cost of Revenue | $296M |
| GROSS PROFIT | $100M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $50M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $356M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $967.0K |
| Other Income/Expenses | -$729.0K |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $8M |
| EBIT | $40M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $396M |
| Cost of Revenue | $296M |
| GROSS PROFIT | $100M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $50M |
| SG&A Expenses | $56M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $356M |
| OPERATING INCOME | $40M |
| Interest Income | $0 |
| Interest Expense | $967.0K |
| Other Income/Expenses | -$729.0K |
| INCOME BEFORE TAX | $39M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $33M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $33M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $33M |
| D&A | $8M |
| EBIT | $40M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $33M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | -$5.0K |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $216M |
| Short-Term Investments | $1M |
| Net Receivables | $410M |
| Inventory | $39M |
| Other Current Assets | $99M |
| TOTAL CURRENT ASSETS | $765M |
| PP&E (Net) | $64M |
| Goodwill | $184M |
| Intangible Assets | $64M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $99M |
| TOTAL NON-CURRENT ASSETS | $429M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $31M |
| Short-Term Debt | $563.0K |
| Deferred Revenue | $92M |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $270M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $142M |
| TOTAL LIABILITIES | $412M |
| Common Stock | $21M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $803M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $783M |
| Minority Interest | $0 |
| TOTAL EQUITY | $783M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $102M |
| Net Debt | -$113M |
