| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $712M | $720M | $691M | -1.1% | 3.0% |
| Op. Income | $38M | $34M | $41M | 13.4% | -5.9% |
| Gross Margin | 29.0% | 26.5% | 28.2% | 2.6pp | 0.8pp |
| Net Margin | 3.4% | 1.6% | 3.3% | 1.8pp | 0.1pp |
| EPS (Diluted) | $0.30 | $0.15 | $0.28 | 100.0% | 7.1% |
| Free Cash Flow | $7M | $36M | -$11M | -80.1% | 164.7% |
| Item | Amount |
|---|---|
| REVENUE | $712M |
| Cost of Revenue | $505M |
| GROSS PROFIT | $207M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $674M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $664.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $18M |
| EBIT | $38M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $712M |
| Cost of Revenue | $505M |
| GROSS PROFIT | $207M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $168M |
| Other Expenses | $0 |
| Operating Expenses | $168M |
| Cost & Expenses | $674M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $664.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $18M |
| EBIT | $38M |
| EBITDA | $56M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$413.0K |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $25M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | -$8M |
| Sales/Maturities of Investments | $60M |
| Other Investing Activities | -$16M |
| NET CASH FROM INVESTING | $18M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$900.0K |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $197M |
| Short-Term Investments | $72M |
| Net Receivables | $14M |
| Inventory | $540M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $879M |
| PP&E (Net) | $353M |
| Goodwill | $26M |
| Intangible Assets | $135.0K |
| Long-Term Investments | $2M |
| Tax Assets | $28M |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $553M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $186M |
| Short-Term Debt | $0 |
| Deferred Revenue | $28M |
| Other Current Liabilities | $74M |
| TOTAL CURRENT LIABILITIES | $325M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $145M |
| TOTAL NON-CURRENT LIABILITIES | $145M |
| TOTAL LIABILITIES | $471M |
| Common Stock | $966M |
| Additional Paid-In Capital | $966M |
| Retained Earnings | $359M |
| Treasury Stock | -$326M |
| Accum. Other Comp. Income | -$13M |
| Other Equity | -$991M |
| TOTAL STOCKHOLDERS' EQUITY | $961M |
| Minority Interest | $0 |
| TOTAL EQUITY | $961M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $0 |
| Net Debt | -$197M |
