| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $4.1B | $3.8B | 2.7% | 11.3% |
| Op. Income | $232M | $252M | $232M | -7.6% | 0.3% |
| Gross Margin | 30.5% | 30.0% | 29.9% | 0.6pp | 0.6pp |
| Net Margin | 2.6% | 3.9% | 4.0% | -1.3pp | -1.5pp |
| EPS (Diluted) | $0.73 | $1.08 | $1.02 | -32.4% | -28.4% |
| Free Cash Flow | $213M | $154M | $131M | 38.4% | 63.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $988M |
| Other Expenses | $64M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $50M |
| EBIT | $263M |
| EBITDA | $314M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $988M |
| Other Expenses | $64M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $222M |
| Income Tax Expense | $114M |
| Net Income from Continuing Ops | $108M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $108M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $108M |
| D&A | $50M |
| EBIT | $263M |
| EBITDA | $314M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $108M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $66M |
| Other Non-Cash Items | -$67M |
| Change in Working Capital | $111M |
| OPERATING CASH FLOW | $273M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | -$1.2B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$99M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | $213M |
| Net Change in Cash | $105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $315M |
| Short-Term Investments | $0 |
| Net Receivables | $2.4B |
| Inventory | $3.8B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.3B |
| PP&E (Net) | $937M |
| Goodwill | $2.2B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $118M |
| Tax Assets | $40M |
| Other Non-Current Assets | $450M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $12.4B |
| Account Payables | $3.6B |
| Short-Term Debt | $695M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $5.5B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $66M |
| Deferred Tax Liabilities | $193M |
| Other Non-Current Liabilities | $731M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $8.9B |
| Common Stock | $147M |
| Additional Paid-In Capital | $68M |
| Retained Earnings | $4.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$853M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $52M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $12.4B |
| Total Debt | $3.3B |
| Net Debt | $3.0B |
