| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | -5.4% | -3.3% |
| Op. Income | $119M | $205M | $152M | -41.8% | -21.3% |
| Gross Margin | 80.2% | 80.9% | 81.4% | -0.8pp | -1.2pp |
| Net Margin | 5.0% | 12.0% | 7.8% | -7.0pp | -2.8pp |
| EPS (Diluted) | $0.33 | $0.81 | $0.51 | -59.3% | -35.3% |
| Free Cash Flow | $105M | $80M | -$143M | 31.3% | 173.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $215M |
| GROSS PROFIT | $870M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $445M |
| Other Expenses | $306M |
| Operating Expenses | $751M |
| Cost & Expenses | $966M |
| OPERATING INCOME | $119M |
| Interest Income | $5M |
| Interest Expense | $43M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $25M |
| EBIT | $119M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $215M |
| GROSS PROFIT | $870M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $445M |
| Other Expenses | $306M |
| Operating Expenses | $751M |
| Cost & Expenses | $966M |
| OPERATING INCOME | $119M |
| Interest Income | $5M |
| Interest Expense | $43M |
| Other Income/Expenses | -$38M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $25M |
| EBIT | $119M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $27M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$73M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $600.0K |
| NET CASH FROM FINANCING | -$99M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $95M |
| Inventory | $354M |
| Other Current Assets | $188M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $375M |
| Goodwill | $96M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $367M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $61M |
| Short-Term Debt | $104M |
| Deferred Revenue | $68M |
| Other Current Liabilities | $584M |
| TOTAL CURRENT LIABILITIES | $859M |
| Long-Term Debt | $2.2B |
| 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 | $452M |
| Retained Earnings | $241M |
| Treasury Stock | -$299M |
| Accum. Other Comp. Income | -$175M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $219M |
| Minority Interest | $0 |
| TOTAL EQUITY | $219M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $2.3B |
| Net Debt | $644M |
