| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.4B | $3.7B | -0.6% | 17.8% |
| Op. Income | $242M | $166M | $105M | 45.9% | 131.9% |
| Gross Margin | 15.6% | 13.8% | 13.6% | 1.8pp | 2.0pp |
| Net Margin | 3.4% | 4.1% | 3.7% | -0.7pp | -0.3pp |
| EPS (Diluted) | $0.81 | $0.98 | $0.72 | -17.3% | 12.5% |
| Free Cash Flow | -$347M | -$186M | -$404M | -86.3% | 14.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $680M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $400M |
| Other Expenses | -$38M |
| Operating Expenses | $437M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $242M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $45M |
| EBIT | $243M |
| EBITDA | $288M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.7B |
| GROSS PROFIT | $680M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $400M |
| Other Expenses | -$38M |
| Operating Expenses | $437M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $242M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $225M |
| Income Tax Expense | $76M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $45M |
| EBIT | $243M |
| EBITDA | $288M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $54M |
| Change in Working Capital | -$550M |
| OPERATING CASH FLOW | -$274M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | $72M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $96.0K |
| Other Investing Activities | -$57M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $409M |
| Common Stock Repurchased | -$110M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $337M |
| FREE CASH FLOW | -$347M |
| Net Change in Cash | $522.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $96M |
| Inventory | $2.4B |
| Other Current Assets | $442M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $2.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $832.0K |
| Tax Assets | $133M |
| Other Non-Current Assets | $11.5B |
| TOTAL NON-CURRENT ASSETS | $14.3B |
| TOTAL ASSETS | $17.3B |
| Account Payables | $520M |
| Short-Term Debt | $358M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $53M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $12.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $240M |
| TOTAL NON-CURRENT LIABILITIES | $12.9B |
| TOTAL LIABILITIES | $14.0B |
| Common Stock | $91M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $17.3B |
| Total Debt | $13.0B |
| Net Debt | $13.0B |
