| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $468M | $565M | $485M | -17.1% | -3.4% |
| Op. Income | $36M | $88M | $67M | -58.6% | -46.1% |
| Gross Margin | 42.6% | 48.0% | 47.0% | -5.4pp | -4.5pp |
| Net Margin | 1.4% | -26.3% | 6.9% | 27.7pp | -5.5pp |
| EPS (Diluted) | $0.12 | $-2.62 | $0.58 | 104.6% | -79.3% |
| Free Cash Flow | -$33M | $153M | -$73M | -121.3% | 55.2% |
| Item | Amount |
|---|---|
| REVENUE | $468M |
| Cost of Revenue | $269M |
| GROSS PROFIT | $199M |
| R&D Expenses | $16M |
| Selling & Marketing | $49M |
| General & Administrative | $98M |
| SG&A Expenses | $147M |
| Other Expenses | $36M |
| Operating Expenses | $199M |
| Cost & Expenses | $468M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $26M |
| 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 | $25M |
| EBIT | $51M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $468M |
| Cost of Revenue | $269M |
| GROSS PROFIT | $199M |
| R&D Expenses | $16M |
| Selling & Marketing | $49M |
| General & Administrative | $98M |
| SG&A Expenses | $147M |
| Other Expenses | $36M |
| Operating Expenses | $199M |
| Cost & Expenses | $468M |
| OPERATING INCOME | $36M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $26M |
| 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 | $25M |
| EBIT | $51M |
| EBITDA | $76M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | -$10M |
| OPERATING CASH FLOW | -$21M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $19M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $10M |
| Net Debt Issuance | $152M |
| Common Stock Repurchased | -$115M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $35M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $530M |
| Short-Term Investments | $0 |
| Net Receivables | $234M |
| Inventory | $349M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $442M |
| Goodwill | $1.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | -$144M |
| Tax Assets | $144M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $199M |
| Short-Term Debt | $21M |
| Deferred Revenue | $150M |
| Other Current Liabilities | $188M |
| TOTAL CURRENT LIABILITIES | $445M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $190M |
| Deferred Tax Liabilities | $144M |
| Other Non-Current Liabilities | $249M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $969M |
| Treasury Stock | -$814M |
| Accum. Other Comp. Income | -$121M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.7B |
| Net Debt | $1.2B |
