| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $508M | $494M | $478M | 2.7% | 6.3% |
| Op. Income | $84M | $78M | $118M | 7.4% | -28.7% |
| Gross Margin | 33.3% | 32.5% | 37.0% | 0.8pp | -3.7pp |
| Net Margin | 11.3% | 9.0% | 18.2% | 2.3pp | -6.9pp |
| EPS (Diluted) | $0.13 | $0.10 | $0.19 | 30.0% | -31.6% |
| Free Cash Flow | $35M | -$17M | $97M | 305.3% | -63.9% |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $169M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | $4M |
| Operating Expenses | $85M |
| Cost & Expenses | $424M |
| OPERATING INCOME | $84M |
| Interest Income | $200.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $22M |
| EBIT | $84M |
| EBITDA | $106M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $508M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $169M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $74M |
| Other Expenses | $4M |
| Operating Expenses | $85M |
| Cost & Expenses | $424M |
| OPERATING INCOME | $84M |
| Interest Income | $200.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $22M |
| EBIT | $84M |
| EBITDA | $106M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$77M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $0 |
| Net Receivables | $189M |
| Inventory | $215M |
| Other Current Assets | $50M |
| TOTAL CURRENT ASSETS | $593M |
| PP&E (Net) | $902M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $382M |
| Other Non-Current Assets | $117M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $176M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $133M |
| TOTAL CURRENT LIABILITIES | $503M |
| Long-Term Debt | $540M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $229M |
| Additional Paid-In Capital | $177M |
| Retained Earnings | -$679M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $500.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$272M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$272M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $540M |
| Net Debt | $428M |
