| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.1B | 7.6% | 6.8% |
| Op. Income | $156M | $149M | $144M | 4.5% | 8.3% |
| Gross Margin | 79.6% | 80.8% | 81.4% | -1.2pp | -1.8pp |
| Net Margin | 7.0% | -5.8% | 7.7% | 12.8pp | -0.8pp |
| EPS (Diluted) | $0.54 | $-0.43 | $0.49 | 225.6% | 10.2% |
| Free Cash Flow | $141M | $159M | $151M | -11.5% | -6.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $240M |
| GROSS PROFIT | $937M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $460M |
| Other Expenses | -$24M |
| Operating Expenses | $781M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $156M |
| Interest Income | $5M |
| Interest Expense | $45M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $26M |
| EBIT | $131M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $240M |
| GROSS PROFIT | $937M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $460M |
| Other Expenses | -$24M |
| Operating Expenses | $781M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $156M |
| Interest Income | $5M |
| Interest Expense | $45M |
| Other Income/Expenses | -$64M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $26M |
| EBIT | $131M |
| EBITDA | $181M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $156M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$57M |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | -$95M |
| FREE CASH FLOW | $141M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $103M |
| Inventory | $333M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $369M |
| Goodwill | $99M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $240M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $80M |
| Short-Term Debt | $102M |
| Deferred Revenue | $76M |
| Other Current Liabilities | $630M |
| TOTAL CURRENT LIABILITIES | $911M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $168M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $425M |
| Retained Earnings | -$168M |
| Treasury Stock | -$329M |
| Accum. Other Comp. Income | -$147M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$219M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$219M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $2.2B |
| Net Debt | $881M |
