| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.7B | $1.8B | -28.3% | 4.6% |
| Op. Income | $87M | $178M | $90M | -51.0% | -3.0% |
| Gross Margin | 29.3% | 29.1% | 29.7% | 0.2pp | -0.3pp |
| Net Margin | 3.1% | 4.4% | 3.2% | -1.2pp | -0.0pp |
| EPS (Diluted) | $0.59 | $1.11 | $0.52 | -46.8% | 13.5% |
| Free Cash Flow | -$68M | $533M | -$77M | -112.8% | 11.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $560M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $470M |
| Other Expenses | -$886.0K |
| Operating Expenses | $473M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $56M |
| EBIT | $86M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $560M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $470M |
| Other Expenses | -$886.0K |
| Operating Expenses | $473M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $56M |
| EBIT | $86M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $57M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$149M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $207M |
| Common Stock Repurchased | -$108M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $72M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $0 |
| Net Receivables | $71M |
| Inventory | $1.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $1.6B |
| Goodwill | $250M |
| Intangible Assets | $135M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $114M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $792M |
| Short-Term Debt | $5M |
| Deferred Revenue | $183M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $339M |
| Deferred Revenue NC | $753M |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$100.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $344M |
| Net Debt | $239M |
