| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $380M | $296M | $446M | 28.2% | -14.8% |
| Op. Income | $29M | $12M | $26M | 145.9% | 13.2% |
| Gross Margin | 32.5% | 30.5% | 27.5% | 2.1pp | 5.0pp |
| Net Margin | 4.7% | 2.1% | 3.0% | 2.6pp | 1.7pp |
| EPS (Diluted) | $0.65 | $0.23 | $0.48 | 182.6% | 35.4% |
| Free Cash Flow | $26M | -$34M | $30M | 176.1% | -13.8% |
| Item | Amount |
|---|---|
| REVENUE | $380M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $124M |
| R&D Expenses | $12M |
| Selling & Marketing | $7M |
| General & Administrative | $75M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $94M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $12M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $380M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $124M |
| R&D Expenses | $12M |
| Selling & Marketing | $7M |
| General & Administrative | $75M |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $94M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $26M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $12M |
| EBIT | $29M |
| EBITDA | $35M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$580.0K |
| Change in Working Capital | $803.0K |
| OPERATING CASH FLOW | $36M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$28.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$94.0K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $19M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $0 |
| Net Receivables | $392M |
| Inventory | $84M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $668M |
| PP&E (Net) | $118M |
| Goodwill | $334M |
| Intangible Assets | $74M |
| Long-Term Investments | $0 |
| Tax Assets | $5M |
| Other Non-Current Assets | $107M |
| TOTAL NON-CURRENT ASSETS | $637M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $126M |
| Short-Term Debt | $0 |
| Deferred Revenue | $76M |
| Other Current Liabilities | $127M |
| TOTAL CURRENT LIABILITIES | $328M |
| Long-Term Debt | $209M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $252M |
| TOTAL LIABILITIES | $581M |
| Common Stock | $45M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $802M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$111M |
| Other Equity | -$12M |
| TOTAL STOCKHOLDERS' EQUITY | $724M |
| Minority Interest | $0 |
| TOTAL EQUITY | $724M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $209M |
| Net Debt | $97M |
