| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.7B | $4.8B | $4.1B | -2.1% | 15.3% |
| Op. Income | $299M | $311M | $252M | -4.0% | 18.8% |
| Gross Margin | 31.4% | 31.6% | 30.0% | -0.1pp | 1.5pp |
| Net Margin | 4.7% | 4.7% | 3.9% | -0.0pp | 0.8pp |
| EPS (Diluted) | $1.49 | $1.54 | $1.08 | -3.2% | 38.0% |
| Free Cash Flow | $444M | $283M | $154M | 56.7% | 188.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $66M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $299M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $292M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $220M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $220M |
| D&A | $61M |
| EBIT | $317M |
| EBITDA | $378M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.7B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.1B |
| Other Expenses | $66M |
| Operating Expenses | $1.2B |
| Cost & Expenses | $4.4B |
| OPERATING INCOME | $299M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $292M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $220M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $220M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $220M |
| D&A | $61M |
| EBIT | $317M |
| EBITDA | $378M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $220M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$480.0K |
| Change in Working Capital | $183M |
| OPERATING CASH FLOW | $470M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$71M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$98M |
| Net Debt Issuance | -$258M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$106M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$366M |
| FREE CASH FLOW | $444M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $359M |
| Short-Term Investments | $0 |
| Net Receivables | $2.7B |
| Inventory | $3.5B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.6B |
| PP&E (Net) | $938M |
| Goodwill | $2.1B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $0 |
| Tax Assets | $23M |
| Other Non-Current Assets | $628M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $4.0B |
| Short-Term Debt | $450M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $5.7B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $188M |
| Other Non-Current Liabilities | $681M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $9.0B |
| Common Stock | $147M |
| Additional Paid-In Capital | $78M |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$962M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $52M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $2.9B |
| Net Debt | $2.6B |
