| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $479M | $484M | $498M | -1.0% | -3.8% |
| Op. Income | $79M | $87M | $84M | -9.7% | -6.3% |
| Gross Margin | 28.0% | 28.0% | 28.7% | -0.0pp | -0.7pp |
| Net Margin | 13.5% | 12.3% | 11.3% | 1.2pp | 2.2pp |
| EPS (Diluted) | $0.70 | $0.64 | $0.59 | 9.4% | 18.6% |
| Free Cash Flow | -$31M | $19M | -$75M | -269.2% | 58.3% |
| Item | Amount |
|---|---|
| REVENUE | $479M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $134M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $400M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $24M |
| EBIT | $79M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $479M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $134M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $400M |
| OPERATING INCOME | $79M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $24M |
| EBIT | $79M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$400.0K |
| Change in Working Capital | -$40M |
| OPERATING CASH FLOW | $54M |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | -$10M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | $156M |
| Common Stock Repurchased | -$64M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $88M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | $47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $82M |
| Short-Term Investments | $0 |
| Net Receivables | $267M |
| Inventory | $304M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $687M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $73M |
| Long-Term Investments | $63M |
| Tax Assets | $0 |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $142M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $126M |
| TOTAL CURRENT LIABILITIES | $275M |
| Long-Term Debt | $837M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $755M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$644M |
| Accum. Other Comp. Income | -$158M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $841M |
| Net Debt | $759M |
