| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.7B | -0.0% | -5.0% |
| Op. Income | $282M | $324M | $356M | -13.2% | -20.9% |
| Gross Margin | 51.6% | 51.9% | 49.8% | -0.3pp | 1.8pp |
| Net Margin | 15.3% | 18.4% | 15.9% | -3.1pp | -0.6pp |
| EPS (Diluted) | $0.64 | $0.83 | $0.76 | -22.9% | -15.8% |
| Free Cash Flow | $352M | $315M | $287M | 11.9% | 22.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $775M |
| GROSS PROFIT | $826M |
| R&D Expenses | $104M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $441M |
| Other Expenses | $0 |
| Operating Expenses | $544M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $282M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $31M |
| Other Adjustments | $0 |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $62M |
| EBIT | $281M |
| EBITDA | $343M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $775M |
| GROSS PROFIT | $826M |
| R&D Expenses | $104M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $441M |
| Other Expenses | $0 |
| Operating Expenses | $544M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $282M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $258M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $214M |
| Net Income from Discontinued Ops | $31M |
| Other Adjustments | $0 |
| NET INCOME | $245M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $228M |
| D&A | $62M |
| EBIT | $281M |
| EBITDA | $343M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $245M |
| Depreciation & Amortization | $67M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $61M |
| OPERATING CASH FLOW | $387M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | -$2.8B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$2.9B |
| Net Debt Issuance | $1.3B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | $1.3B |
| FREE CASH FLOW | $352M |
| Net Change in Cash | -$1.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $649M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $682M |
| Goodwill | $6.7B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $523M |
| TOTAL NON-CURRENT ASSETS | $10.4B |
| TOTAL ASSETS | $13.9B |
| Account Payables | $759M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $4.5B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$93M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.8B |
| Minority Interest | $19M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $5.0B |
| Net Debt | $3.9B |