| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $689M | $734M | $623M | -6.2% | 10.6% |
| Op. Income | $64M | $72M | $79M | -11.5% | -19.4% |
| Gross Margin | 35.5% | 37.9% | 38.5% | -2.4pp | -3.0pp |
| Net Margin | 9.3% | 9.0% | 8.4% | 0.3pp | 0.9pp |
| EPS (Diluted) | $0.33 | $0.34 | $0.26 | -2.9% | 26.9% |
| Free Cash Flow | -$50M | $78M | $11M | -164.5% | -544.8% |
| Item | Amount |
|---|---|
| REVENUE | $689M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $168M |
| SG&A Expenses | $168M |
| Other Expenses | $12M |
| Operating Expenses | $181M |
| Cost & Expenses | $625M |
| OPERATING INCOME | $64M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $761.0K |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $26M |
| EBIT | $87M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $689M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $168M |
| SG&A Expenses | $168M |
| Other Expenses | $12M |
| Operating Expenses | $181M |
| Cost & Expenses | $625M |
| OPERATING INCOME | $64M |
| Interest Income | $3M |
| Interest Expense | $11M |
| Other Income/Expenses | $12M |
| INCOME BEFORE TAX | $76M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $761.0K |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $26M |
| EBIT | $87M |
| EBITDA | $113M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$793.0K |
| Change in Working Capital | -$112M |
| OPERATING CASH FLOW | -$27M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | $94M |
| Common Stock Repurchased | -$96M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | -$50M |
| Net Change in Cash | -$80M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $424M |
| Short-Term Investments | $0 |
| Net Receivables | $719M |
| Inventory | $151M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $205M |
| Goodwill | $1.3B |
| Intangible Assets | $126M |
| Long-Term Investments | $919.0K |
| Tax Assets | $82M |
| Other Non-Current Assets | $320M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $14M |
| Short-Term Debt | $314M |
| Deferred Revenue | $82M |
| Other Current Liabilities | $165M |
| TOTAL CURRENT LIABILITIES | $871M |
| Long-Term Debt | $997M |
| Deferred Revenue NC | $55M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $153M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $322M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$381M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $3.4B |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.3B |
| Net Debt | $887M |
