| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.5B | -5.4% | -2.8% |
| Op. Income | $278M | $305M | $295M | -8.9% | -5.8% |
| Gross Margin | 51.4% | 51.6% | 48.5% | -0.2pp | 2.9pp |
| Net Margin | 17.5% | 21.4% | 13.0% | -3.8pp | 4.5pp |
| EPS (Diluted) | $0.74 | $0.95 | $0.57 | -22.1% | 29.8% |
| Free Cash Flow | $140M | $415M | $122M | -66.4% | 14.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $726M |
| GROSS PROFIT | $766M |
| R&D Expenses | $100M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $389M |
| Other Expenses | $0 |
| Operating Expenses | $488M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $278M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $47M |
| Other Adjustments | $0 |
| NET INCOME | $261M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $261M |
| D&A | $56M |
| EBIT | $277M |
| EBITDA | $333M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $726M |
| GROSS PROFIT | $766M |
| R&D Expenses | $100M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $389M |
| Other Expenses | $0 |
| Operating Expenses | $488M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $278M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $254M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $47M |
| Other Adjustments | $0 |
| NET INCOME | $261M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $261M |
| D&A | $56M |
| EBIT | $277M |
| EBITDA | $333M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $261M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $52M |
| Change in Working Capital | -$162M |
| OPERATING CASH FLOW | $171M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$70M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $140M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $616M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $710M |
| Goodwill | $5.1B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $481M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $712M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $6.5B |
| Common Stock | $4M |
| Additional Paid-In Capital | $2.5B |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $17M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $4.0B |
| Net Debt | $3.0B |
