| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $480M | $435M | $462M | 10.3% | 3.9% |
| Op. Income | $69M | $48M | $64M | 42.5% | 7.8% |
| Gross Margin | 51.9% | 53.1% | 55.0% | -1.2pp | -3.1pp |
| Net Margin | 14.1% | 6.5% | 7.9% | 7.6pp | 6.2pp |
| EPS (Diluted) | $1.43 | $0.59 | $0.76 | 142.4% | 88.2% |
| Free Cash Flow | $61M | $37M | $46M | 65.5% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $480M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $249M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $152M |
| Operating Expenses | $180M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $69M |
| Interest Income | $459.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $12M |
| EBIT | $63M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $480M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $249M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $29M |
| SG&A Expenses | $29M |
| Other Expenses | $152M |
| Operating Expenses | $180M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $69M |
| Interest Income | $459.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $12M |
| EBIT | $63M |
| EBITDA | $76M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $767.0K |
| Deferred Income Tax | -$26M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | $24M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $431M |
| Inventory | $277M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $842M |
| PP&E (Net) | $230M |
| Goodwill | $831M |
| Intangible Assets | $94M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $32M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $121M |
| Long-Term Debt | $402M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $467M |
| TOTAL LIABILITIES | $587M |
| Common Stock | $493.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $494M |
| Treasury Stock | -$128M |
| Accum. Other Comp. Income | -$112M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $402M |
| Net Debt | $288M |
