| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $540M | $512M | $479M | 5.6% | 12.8% |
| Op. Income | $82M | $93M | $79M | -11.6% | 4.8% |
| Gross Margin | 26.4% | 27.8% | 28.0% | -1.4pp | -1.6pp |
| Net Margin | 11.4% | 17.2% | 13.5% | -5.8pp | -2.1pp |
| EPS (Diluted) | $0.68 | $0.96 | $0.70 | -29.2% | -2.9% |
| Free Cash Flow | $3M | $63M | -$31M | -95.1% | 109.9% |
| Item | Amount |
|---|---|
| REVENUE | $540M |
| Cost of Revenue | $398M |
| GROSS PROFIT | $143M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $30M |
| EBIT | $82M |
| EBITDA | $112M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $540M |
| Cost of Revenue | $398M |
| GROSS PROFIT | $143M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $46M |
| Other Expenses | $0 |
| Operating Expenses | $60M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $30M |
| EBIT | $82M |
| EBITDA | $112M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $63M |
| Capital Expenditure | -$60M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | -$30M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $50M |
| Short-Term Investments | $0 |
| Net Receivables | $331M |
| Inventory | $301M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $716M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $150M |
| Long-Term Investments | $51M |
| Tax Assets | $0 |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $155M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $271M |
| Long-Term Debt | $836M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $216M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $788M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$767M |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $840M |
| Net Debt | $790M |
