| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $1.7B | -6.1% | 8.7% |
| Op. Income | $187M | $229M | $162M | -18.3% | 15.4% |
| Gross Margin | 20.2% | 19.9% | 16.9% | 0.3pp | 3.3pp |
| Net Margin | 8.3% | 3.2% | 6.9% | 5.1pp | 1.4pp |
| EPS (Diluted) | $3.48 | $1.43 | $2.56 | 143.4% | 35.9% |
| Free Cash Flow | $45M | $280M | $40M | -83.9% | 12.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $192M |
| SG&A Expenses | $192M |
| Other Expenses | $0 |
| Operating Expenses | $192M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $187M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $50M |
| EBIT | $210M |
| EBITDA | $260M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $379M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $192M |
| SG&A Expenses | $192M |
| Other Expenses | $0 |
| Operating Expenses | $192M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $187M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $195M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $156M |
| D&A | $50M |
| EBIT | $210M |
| EBITDA | $260M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $156M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$100M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$166M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$25M |
| NET CASH FROM FINANCING | -$223M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | -$173M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $528M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $188M |
| Other Current Assets | $87M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $2.2B |
| Goodwill | $1.2B |
| Intangible Assets | $499M |
| Long-Term Investments | $0 |
| Tax Assets | $102M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $344M |
| Short-Term Debt | $0 |
| Deferred Revenue | $190M |
| Other Current Liabilities | $929M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $3.2B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $1.3B |
| Net Debt | $752M |
