| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $399M | $383M | $346M | 4.1% | 15.3% |
| Op. Income | $68M | $75M | $61M | -9.3% | 12.1% |
| Gross Margin | 45.6% | 47.6% | 45.0% | -2.0pp | 0.6pp |
| Net Margin | 12.1% | 14.2% | 11.8% | -2.1pp | 0.2pp |
| EPS (Diluted) | $0.34 | $0.38 | $0.28 | -10.5% | 21.4% |
| Free Cash Flow | $56M | $72M | $64M | -21.8% | -11.6% |
| Item | Amount |
|---|---|
| REVENUE | $399M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $182M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $21M |
| Operating Expenses | $114M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $68M |
| Interest Income | $309.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $38M |
| EBIT | $67M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $399M |
| Cost of Revenue | $217M |
| GROSS PROFIT | $182M |
| R&D Expenses | $30M |
| Selling & Marketing | $0 |
| General & Administrative | $62M |
| SG&A Expenses | $62M |
| Other Expenses | $21M |
| Operating Expenses | $114M |
| Cost & Expenses | $331M |
| OPERATING INCOME | $68M |
| Interest Income | $309.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $38M |
| EBIT | $67M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $691.0K |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$43.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | -$387.0K |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $56M |
| Net Change in Cash | $38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $0 |
| Net Receivables | $213M |
| Inventory | $264M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $821M |
| PP&E (Net) | $394M |
| Goodwill | $542M |
| Intangible Assets | $323M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $75M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $211M |
| Long-Term Debt | $651M |
| Deferred Revenue NC | -$702M |
| Deferred Tax Liabilities | $126M |
| Other Non-Current Liabilities | $32M |
| TOTAL NON-CURRENT LIABILITIES | $809M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $865M |
| Retained Earnings | $258M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $651M |
| Net Debt | $356M |
