| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.0B | $1.9B | 3.1% | 11.8% |
| Op. Income | $282M | $243M | $234M | 16.0% | 20.5% |
| Gross Margin | 23.5% | 22.4% | 19.6% | 1.1pp | 3.9pp |
| Net Margin | 11.0% | 11.8% | 8.0% | -0.8pp | 3.0pp |
| EPS (Diluted) | $5.29 | $5.40 | $3.27 | -2.0% | 61.8% |
| Free Cash Flow | -$209M | $137M | $5M | -252.6% | -4280.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $490M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $208M |
| SG&A Expenses | $208M |
| Other Expenses | $0 |
| Operating Expenses | $208M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $282M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $229M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $229M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $229M |
| D&A | $54M |
| EBIT | $309M |
| EBITDA | $363M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $490M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $208M |
| SG&A Expenses | $208M |
| Other Expenses | $0 |
| Operating Expenses | $208M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $282M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $13M |
| INCOME BEFORE TAX | $295M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $229M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $229M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $229M |
| D&A | $54M |
| EBIT | $309M |
| EBITDA | $363M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $229M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$373M |
| OPERATING CASH FLOW | -$93M |
| Capital Expenditure | -$116M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$102M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$104M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | -$209M |
| Net Change in Cash | -$330M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $180M |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $2.3B |
| Goodwill | $1.2B |
| Intangible Assets | $480M |
| Long-Term Investments | $0 |
| Tax Assets | $98M |
| Other Non-Current Assets | $213M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $6.2B |
| Account Payables | $407M |
| Short-Term Debt | $0 |
| Deferred Revenue | $267M |
| Other Current Liabilities | $957M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $4.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.4B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $6.2B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
