| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $814M | $824M | $803M | -1.3% | 1.3% |
| Op. Income | $99M | $133M | $109M | -25.5% | -9.3% |
| Gross Margin | 51.8% | 52.9% | 52.0% | -1.1pp | -0.3pp |
| Net Margin | 6.2% | 13.7% | 10.3% | -7.5pp | -4.1pp |
| EPS (Diluted) | $0.18 | $0.41 | $0.29 | -56.1% | -37.9% |
| Free Cash Flow | $200M | $209M | $133M | -4.3% | 50.6% |
| Item | Amount |
|---|---|
| REVENUE | $814M |
| Cost of Revenue | $392M |
| GROSS PROFIT | $421M |
| R&D Expenses | $53M |
| Selling & Marketing | $134M |
| General & Administrative | $118M |
| SG&A Expenses | $252M |
| Other Expenses | $5M |
| Operating Expenses | $319M |
| Cost & Expenses | $712M |
| OPERATING INCOME | $99M |
| Interest Income | $2M |
| Interest Expense | $34M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $15M |
| EBIT | $106M |
| EBITDA | $225M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $814M |
| Cost of Revenue | $392M |
| GROSS PROFIT | $421M |
| R&D Expenses | $53M |
| Selling & Marketing | $134M |
| General & Administrative | $118M |
| SG&A Expenses | $252M |
| Other Expenses | $5M |
| Operating Expenses | $319M |
| Cost & Expenses | $712M |
| OPERATING INCOME | $99M |
| Interest Income | $2M |
| Interest Expense | $34M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $15M |
| EBIT | $106M |
| EBITDA | $225M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $119M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $53M |
| OPERATING CASH FLOW | $232M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | -$72M |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $35M |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | $52M |
| Common Stock Repurchased | -$89M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$28M |
| FREE CASH FLOW | $200M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $667M |
| Short-Term Investments | $0 |
| Net Receivables | $579M |
| Inventory | $384M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $478M |
| Goodwill | $2.5B |
| Intangible Assets | $2.4B |
| Long-Term Investments | $9M |
| Tax Assets | $13M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $192M |
| Short-Term Debt | $600M |
| Deferred Revenue | $173M |
| Other Current Liabilities | $196M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $18M |
| Deferred Tax Liabilities | $498M |
| Other Non-Current Liabilities | $122M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.7B |
| Retained Earnings | -$2.5B |
| Treasury Stock | -$726M |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $3.4B |
| Net Debt | $2.7B |
