| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $541M | $548M | $492M | -1.3% | 10.0% |
| Op. Income | $97M | $97M | $89M | 0.0% | 8.3% |
| Gross Margin | 26.5% | 26.4% | 27.6% | 0.0pp | -1.1pp |
| Net Margin | 14.8% | 12.6% | 14.2% | 2.3pp | 0.6pp |
| EPS (Diluted) | $0.91 | $0.76 | $0.76 | 19.7% | 19.7% |
| Free Cash Flow | $73M | $52M | $74M | 39.7% | -1.5% |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $398M |
| GROSS PROFIT | $143M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $31M |
| EBIT | $97M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $541M |
| Cost of Revenue | $398M |
| GROSS PROFIT | $143M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $47M |
| Cost & Expenses | $444M |
| OPERATING INCOME | $97M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $31M |
| EBIT | $97M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $80M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $121M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$700.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$700.0K |
| NET CASH FROM INVESTING | -$49M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$102M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $314M |
| Inventory | $309M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $699M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $145M |
| Long-Term Investments | $46M |
| Tax Assets | $0 |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $143M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $271M |
| Long-Term Debt | $981M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $228M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $795M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $990M |
| Net Debt | $943M |
