| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.1B | $2.0B | 5.6% | 10.2% |
| Op. Income | $208M | $282M | $229M | -26.2% | -9.2% |
| Gross Margin | 21.4% | 23.5% | 19.9% | -2.2pp | 1.4pp |
| Net Margin | 9.6% | 11.0% | 3.2% | -1.4pp | 6.4pp |
| EPS (Diluted) | $5.12 | $5.29 | $1.43 | -3.2% | 258.0% |
| Free Cash Flow | $478M | -$209M | $280M | 328.7% | 70.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $470M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $262M |
| SG&A Expenses | $262M |
| Other Expenses | $0 |
| Operating Expenses | $262M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $219M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $212M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $212M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $212M |
| D&A | $46M |
| EBIT | $233M |
| EBITDA | $279M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $470M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $262M |
| SG&A Expenses | $262M |
| Other Expenses | $0 |
| Operating Expenses | $262M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $219M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $212M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $212M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $212M |
| D&A | $46M |
| EBIT | $233M |
| EBITDA | $279M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $212M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $377M |
| OPERATING CASH FLOW | $648M |
| Capital Expenditure | -$170M |
| Acquisitions (Net) | -$77M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $38M |
| NET CASH FROM INVESTING | -$209M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$230M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$267M |
| FREE CASH FLOW | $478M |
| Net Change in Cash | $172M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $240M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $128M |
| Other Current Assets | $122M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $2.5B |
| Goodwill | $1.3B |
| Intangible Assets | $492M |
| Long-Term Investments | $0 |
| Tax Assets | $163M |
| Other Non-Current Assets | $203M |
| TOTAL NON-CURRENT ASSETS | $4.6B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $562M |
| Short-Term Debt | $0 |
| Deferred Revenue | $331M |
| Other Current Liabilities | $936M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$1.8B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $1.3B |
| Net Debt | $1.0B |
