| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $734M | $709M | $682M | 3.6% | 7.7% |
| Op. Income | $72M | $98M | $98M | -26.4% | -26.5% |
| Gross Margin | 37.9% | 39.5% | 40.5% | -1.6pp | -2.6pp |
| Net Margin | 9.0% | 10.3% | 11.3% | -1.3pp | -2.3pp |
| EPS (Diluted) | $0.34 | $0.38 | $0.38 | -10.5% | -10.5% |
| Free Cash Flow | $78M | $130M | $99M | -40.0% | -20.7% |
| Item | Amount |
|---|---|
| REVENUE | $734M |
| Cost of Revenue | $456M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $186M |
| SG&A Expenses | $186M |
| Other Expenses | $20M |
| Operating Expenses | $206M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $72M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $27M |
| EBIT | $93M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $734M |
| Cost of Revenue | $456M |
| GROSS PROFIT | $279M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $186M |
| SG&A Expenses | $186M |
| Other Expenses | $20M |
| Operating Expenses | $206M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $72M |
| Interest Income | $4M |
| Interest Expense | $11M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $27M |
| EBIT | $93M |
| EBITDA | $120M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $26M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | $220M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$11M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $504M |
| Short-Term Investments | $0 |
| Net Receivables | $693M |
| Inventory | $191M |
| Other Current Assets | $155M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $207M |
| Goodwill | $1.3B |
| Intangible Assets | $132M |
| Long-Term Investments | $886.0K |
| Tax Assets | $77M |
| Other Non-Current Assets | $262M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $15M |
| Short-Term Debt | $209M |
| Deferred Revenue | $78M |
| Other Current Liabilities | $280M |
| TOTAL CURRENT LIABILITIES | $839M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $72M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $356M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$355M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $5M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.2B |
| Net Debt | $711M |
