| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $244M | $218M | $202M | 11.8% | 20.4% |
| Op. Income | $33M | $28M | $33M | 20.9% | 2.3% |
| Gross Margin | 38.8% | 42.3% | 43.1% | -3.5pp | -4.3pp |
| Net Margin | 2.8% | -1.5% | 4.3% | 4.4pp | -1.5pp |
| EPS (Diluted) | $0.20 | $-0.10 | $0.26 | 300.0% | -23.1% |
| Free Cash Flow | $130M | $120M | $90M | 8.7% | 45.0% |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $25M |
| SG&A Expenses | $56M |
| Other Expenses | $5M |
| Operating Expenses | $61M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $244M |
| Cost of Revenue | $149M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $31M |
| General & Administrative | $25M |
| SG&A Expenses | $56M |
| Other Expenses | $5M |
| Operating Expenses | $61M |
| Cost & Expenses | $210M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $4M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $7M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $4M |
| EBIT | $12M |
| EBITDA | $16M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $140M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$184M |
| NET CASH FROM INVESTING | -$189M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | $11M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $733M |
| Inventory | $0 |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $831M |
| PP&E (Net) | $49M |
| Goodwill | $267M |
| Intangible Assets | $4M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $9M |
| TOTAL NON-CURRENT ASSETS | $329M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $26M |
| Short-Term Debt | $3M |
| Deferred Revenue | $7M |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $77M |
| Long-Term Debt | $789M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $12M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $801M |
| TOTAL LIABILITIES | $878M |
| Common Stock | $0 |
| Additional Paid-In Capital | $30M |
| Retained Earnings | $265M |
| Treasury Stock | -$6M |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $282M |
| Minority Interest | $0 |
| TOTAL EQUITY | $282M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $792M |
| Net Debt | $723M |
