| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $223M | $290M | $224M | -23.3% | -0.8% |
| Op. Income | $17M | $42M | $18M | -59.0% | -4.4% |
| Gross Margin | 36.8% | 40.5% | 34.8% | -3.7pp | 2.1pp |
| Net Margin | 2.4% | 6.5% | 4.5% | -4.1pp | -2.2pp |
| EPS (Diluted) | $0.16 | $0.57 | $0.31 | -71.9% | -48.4% |
| Free Cash Flow | $65M | -$9M | $89M | 831.5% | -26.6% |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $10M |
| Operating Expenses | $65M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $11M |
| EBIT | $18M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $223M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $82M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $10M |
| Operating Expenses | $65M |
| Cost & Expenses | $205M |
| OPERATING INCOME | $17M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $11M |
| EBIT | $18M |
| EBITDA | $29M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $300.0K |
| Other Non-Cash Items | $200.0K |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$38M |
| Common Stock Repurchased | -$900.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $219M |
| Inventory | $24M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $290M |
| PP&E (Net) | $35M |
| Goodwill | $448M |
| Intangible Assets | $86M |
| Long-Term Investments | $0 |
| Tax Assets | $37M |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $644M |
| TOTAL ASSETS | $934M |
| Account Payables | $74M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3M |
| TOTAL CURRENT LIABILITIES | $185M |
| Long-Term Debt | $488M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $87M |
| TOTAL NON-CURRENT LIABILITIES | $576M |
| TOTAL LIABILITIES | $760M |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $204M |
| Retained Earnings | $33M |
| Treasury Stock | -$900.0K |
| Accum. Other Comp. Income | -$63M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $174M |
| Minority Interest | $0 |
| TOTAL EQUITY | $174M |
| TOTAL LIABILITIES & EQUITY | $934M |
| Total Debt | $488M |
| Net Debt | $456M |
