| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $748M | $729M | $709M | 2.7% | 5.5% |
| Op. Income | $94M | $80M | $98M | 18.2% | -4.0% |
| Gross Margin | 35.6% | 36.5% | 39.5% | -0.8pp | -3.9pp |
| Net Margin | 9.8% | 8.9% | 10.3% | 1.0pp | -0.5pp |
| EPS (Diluted) | $0.38 | $0.33 | $0.38 | 15.2% | 0.0% |
| Free Cash Flow | $115M | $51M | $130M | 127.4% | -11.6% |
| Item | Amount |
|---|---|
| REVENUE | $748M |
| Cost of Revenue | $481M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $165M |
| SG&A Expenses | $165M |
| Other Expenses | $7M |
| Operating Expenses | $173M |
| Cost & Expenses | $654M |
| OPERATING INCOME | $94M |
| Interest Income | $3M |
| Interest Expense | $12M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $25M |
| EBIT | $110M |
| EBITDA | $136M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $748M |
| Cost of Revenue | $481M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $165M |
| SG&A Expenses | $165M |
| Other Expenses | $7M |
| Operating Expenses | $173M |
| Cost & Expenses | $654M |
| OPERATING INCOME | $94M |
| Interest Income | $3M |
| Interest Expense | $12M |
| Other Income/Expenses | $4M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $25M |
| EBIT | $110M |
| EBITDA | $136M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$107M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$145M |
| Net Debt Issuance | $101M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$801.0K |
| NET CASH FROM FINANCING | $89M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $401M |
| Short-Term Investments | $0 |
| Net Receivables | $730M |
| Inventory | $159M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $211M |
| Goodwill | $1.4B |
| Intangible Assets | $135M |
| Long-Term Investments | $825.0K |
| Tax Assets | $94M |
| Other Non-Current Assets | $307M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $14M |
| Short-Term Debt | $363M |
| Deferred Revenue | $69M |
| Other Current Liabilities | $218M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $984M |
| Deferred Revenue NC | $54M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $397M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$568M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $3.5B |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.3B |
| Net Debt | $946M |
