| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $696M | $690M | $643M | 0.9% | 8.3% |
| Op. Income | $44M | $68M | $41M | -35.3% | 8.9% |
| Gross Margin | 17.7% | 21.8% | 111.0% | -4.1pp | -93.3pp |
| Net Margin | 5.3% | 6.9% | 4.9% | -1.6pp | 0.4pp |
| EPS (Diluted) | $0.71 | $0.92 | $0.60 | -22.8% | 18.3% |
| Free Cash Flow | $69M | $53M | $61M | 30.9% | 13.4% |
| Item | Amount |
|---|---|
| REVENUE | $696M |
| Cost of Revenue | $573M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $33M |
| Operating Expenses | $79M |
| Cost & Expenses | $652M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $696M |
| Cost of Revenue | $573M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $33M |
| Operating Expenses | $79M |
| Cost & Expenses | $652M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $5M |
| EBIT | $20M |
| EBITDA | $25M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$421M |
| Sales/Maturities of Investments | $271M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | -$12M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | -$92M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $46M |
| Short-Term Investments | $5.6B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $281M |
| PP&E (Net) | $0 |
| Goodwill | $323M |
| Intangible Assets | $181M |
| Long-Term Investments | $6.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.3B |
| TOTAL NON-CURRENT ASSETS | $323M |
| TOTAL ASSETS | $8.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $15M |
| Other Current Liabilities | -$427M |
| TOTAL CURRENT LIABILITIES | $21M |
| Long-Term Debt | $592M |
| Deferred Revenue NC | -$15M |
| Deferred Tax Liabilities | $15M |
| Other Non-Current Liabilities | $5.7B |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $5M |
| Additional Paid-In Capital | $673M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $194M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $8.4B |
| Total Debt | $592M |
| Net Debt | $547M |
