| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $244M | $192M | 4.4% | 32.3% |
| Op. Income | $62M | $33M | $38M | 84.4% | 62.1% |
| Gross Margin | 49.6% | 38.8% | 48.5% | 10.7pp | 1.1pp |
| Net Margin | 11.0% | 2.8% | 7.2% | 8.1pp | 3.8pp |
| EPS (Diluted) | $0.81 | $0.20 | $0.41 | 305.0% | 97.6% |
| Free Cash Flow | $150M | $130M | $118M | 15.0% | 27.1% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $27M |
| SG&A Expenses | $55M |
| Other Expenses | $10M |
| Operating Expenses | $64M |
| Cost & Expenses | $193M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $4M |
| EBIT | $42M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $128M |
| GROSS PROFIT | $126M |
| R&D Expenses | $0 |
| Selling & Marketing | $28M |
| General & Administrative | $27M |
| SG&A Expenses | $55M |
| Other Expenses | $10M |
| Operating Expenses | $64M |
| Cost & Expenses | $193M |
| OPERATING INCOME | $62M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $28M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $4M |
| EBIT | $42M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $28M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $115M |
| Change in Working Capital | $586.0K |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$108M |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$41M |
| FREE CASH FLOW | $150M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $725M |
| Inventory | $0 |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $830M |
| PP&E (Net) | $48M |
| Goodwill | $267M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $328M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $71M |
| Long-Term Debt | $755M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $17M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $772M |
| TOTAL LIABILITIES | $842M |
| Common Stock | $0 |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $294M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $316M |
| Minority Interest | $0 |
| TOTAL EQUITY | $316M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $755M |
| Net Debt | $685M |
