| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $512M | $492M | $484M | 4.1% | 5.8% |
| Op. Income | $93M | $89M | $87M | 4.6% | 7.1% |
| Gross Margin | 27.8% | 27.6% | 28.0% | 0.2pp | -0.3pp |
| Net Margin | 17.2% | 14.2% | 12.3% | 3.0pp | 4.9pp |
| EPS (Diluted) | $0.96 | $0.76 | $0.64 | 26.3% | 50.0% |
| Free Cash Flow | $63M | $74M | $19M | -14.3% | 242.7% |
| Item | Amount |
|---|---|
| REVENUE | $512M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $142M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $500.0K |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $28M |
| EBIT | $93M |
| EBITDA | $121M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $512M |
| Cost of Revenue | $370M |
| GROSS PROFIT | $142M |
| R&D Expenses | $13M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $36M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $419M |
| OPERATING INCOME | $93M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $500.0K |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $28M |
| EBIT | $93M |
| EBITDA | $121M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | -$400.0K |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $120M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | -$64M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | -$27M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $249M |
| Inventory | $314M |
| Other Current Assets | $34M |
| TOTAL CURRENT ASSETS | $657M |
| PP&E (Net) | $1.9B |
| Goodwill | $110M |
| Intangible Assets | $39M |
| Long-Term Investments | $48M |
| Tax Assets | $0 |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $144M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $262M |
| Long-Term Debt | $806M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $774M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$731M |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $810M |
| Net Debt | $750M |
