| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $561M | $541M | $512M | 3.8% | 9.6% |
| Op. Income | $96M | $97M | $93M | -0.7% | 2.8% |
| Gross Margin | 26.8% | 26.5% | 27.8% | 0.4pp | -1.0pp |
| Net Margin | 11.8% | 14.8% | 17.2% | -3.0pp | -5.4pp |
| EPS (Diluted) | $0.76 | $0.91 | $0.96 | -16.5% | -20.8% |
| Free Cash Flow | $109M | $73M | $63M | 49.7% | 72.1% |
| Item | Amount |
|---|---|
| REVENUE | $561M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $150M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $8M |
| Operating Expenses | $55M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $32M |
| EBIT | $96M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $561M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $150M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $32M |
| Other Expenses | $8M |
| Operating Expenses | $55M |
| Cost & Expenses | $465M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $32M |
| EBIT | $96M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $143M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $600.0K |
| NET CASH FROM FINANCING | -$121M |
| FREE CASH FLOW | $109M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $311M |
| Inventory | $298M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $676M |
| PP&E (Net) | $1.9B |
| Goodwill | $108M |
| Intangible Assets | $35M |
| Long-Term Investments | $49M |
| Tax Assets | $0 |
| Other Non-Current Assets | $81M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $162M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15M |
| TOTAL CURRENT LIABILITIES | $327M |
| Long-Term Debt | $947M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $227M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $798M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $957M |
| Net Debt | $924M |
