| Metric | Q3 2015 | Q2 2015 | Q3 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $426M | $348M | $396M | 22.5% | 7.5% |
| Op. Income | $36M | $10M | $40M | 241.6% | -11.3% |
| Gross Margin | 24.5% | 22.5% | 25.2% | 2.0pp | -0.8pp |
| Net Margin | 4.7% | 2.5% | 8.3% | 2.2pp | -3.6pp |
| EPS (Diluted) | $0.74 | $0.33 | $1.22 | 124.2% | -39.3% |
| Free Cash Flow | $37M | -$28M | $75M | 232.3% | -51.0% |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $322M |
| GROSS PROFIT | $104M |
| R&D Expenses | $5M |
| Selling & Marketing | $7M |
| General & Administrative | $57M |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $9M |
| EBIT | $35M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $426M |
| Cost of Revenue | $322M |
| GROSS PROFIT | $104M |
| R&D Expenses | $5M |
| Selling & Marketing | $7M |
| General & Administrative | $57M |
| SG&A Expenses | $63M |
| Other Expenses | $0 |
| Operating Expenses | $69M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $34M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $9M |
| EBIT | $35M |
| EBITDA | $44M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $43M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$53M |
| Sales/Maturities of Investments | $50M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $14M |
| NET CASH FROM FINANCING | $10M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $31M |
| Net Receivables | $360M |
| Inventory | $64M |
| Other Current Assets | $103M |
| TOTAL CURRENT ASSETS | $775M |
| PP&E (Net) | $75M |
| Goodwill | $238M |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $128M |
| TOTAL NON-CURRENT ASSETS | $525M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $47M |
| Short-Term Debt | $61M |
| Deferred Revenue | $77M |
| Other Current Liabilities | $162M |
| TOTAL CURRENT LIABILITIES | $347M |
| Long-Term Debt | $126M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $69M |
| TOTAL NON-CURRENT LIABILITIES | $197M |
| TOTAL LIABILITIES | $544M |
| Common Stock | $26M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $819M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$52M |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $756M |
| Minority Interest | $0 |
| TOTAL EQUITY | $756M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $187M |
| Net Debt | -$32M |
