| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $922M | $1.0B | $828M | -8.0% | 11.3% |
| Op. Income | $53M | $86M | -$24M | -38.8% | 316.5% |
| Gross Margin | 63.5% | 63.3% | 59.9% | 0.2pp | 3.6pp |
| Net Margin | 1.3% | 4.6% | -5.8% | -3.3pp | 7.1pp |
| EPS (Diluted) | $0.13 | $0.50 | $-0.53 | -74.0% | 124.5% |
| Free Cash Flow | $225M | $152M | $116M | 48.3% | 94.5% |
| Item | Amount |
|---|---|
| REVENUE | $922M |
| Cost of Revenue | $336M |
| GROSS PROFIT | $586M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $448M |
| SG&A Expenses | $448M |
| Other Expenses | $85M |
| Operating Expenses | $533M |
| Cost & Expenses | $869M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $68M |
| EBIT | $65M |
| EBITDA | $133M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $922M |
| Cost of Revenue | $336M |
| GROSS PROFIT | $586M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $448M |
| SG&A Expenses | $448M |
| Other Expenses | $85M |
| Operating Expenses | $533M |
| Cost & Expenses | $869M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $38M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $68M |
| EBIT | $65M |
| EBITDA | $133M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $157M |
| OPERATING CASH FLOW | $249M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $99M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | $74M |
| Net Debt Issuance | -$262M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$266M |
| FREE CASH FLOW | $225M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $211M |
| Short-Term Investments | $0 |
| Net Receivables | $979M |
| Inventory | $0 |
| Other Current Assets | $167M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $246M |
| Goodwill | $2.9B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $167M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $600M |
| Short-Term Debt | $93M |
| Deferred Revenue | $1.7B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $582M |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $5.0B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.7B |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | -$23M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $942M |
| Minority Interest | $0 |
| TOTAL EQUITY | $942M |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $2.2B |
| Net Debt | $2.0B |
