| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $3.7B | $3.7B | 9.4% | 9.3% |
| Op. Income | $130M | $105M | $247M | 24.7% | -47.2% |
| Gross Margin | 13.9% | 13.6% | 13.2% | 0.3pp | 0.7pp |
| Net Margin | 3.8% | 3.7% | 3.8% | 0.1pp | -0.0pp |
| EPS (Diluted) | $0.81 | $0.72 | $0.71 | 12.5% | 14.1% |
| Free Cash Flow | -$228M | -$404M | $158M | 43.7% | -244.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $562M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $385M |
| Other Expenses | -$46M |
| Operating Expenses | $432M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $112M |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $43M |
| EBIT | $259M |
| EBITDA | $302M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $562M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $385M |
| Other Expenses | -$46M |
| Operating Expenses | $432M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $130M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $112M |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $43M |
| EBIT | $259M |
| EBITDA | $302M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $61M |
| Change in Working Capital | -$404M |
| OPERATING CASH FLOW | -$125M |
| Capital Expenditure | -$103M |
| Acquisitions (Net) | $103M |
| Purchases of Investments | $200.0K |
| Sales/Maturities of Investments | $412.0K |
| Other Investing Activities | -$128M |
| NET CASH FROM INVESTING | -$127M |
| Net Debt Issuance | $341M |
| Common Stock Repurchased | -$100M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $267M |
| FREE CASH FLOW | -$228M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $152M |
| Inventory | $2.3B |
| Other Current Assets | $422M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $2.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $71M |
| Tax Assets | $151M |
| Other Non-Current Assets | $10.7B |
| TOTAL NON-CURRENT ASSETS | $13.4B |
| TOTAL ASSETS | $16.3B |
| Account Payables | $495M |
| Short-Term Debt | $334M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $11.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $239M |
| TOTAL NON-CURRENT LIABILITIES | $12.1B |
| TOTAL LIABILITIES | $13.2B |
| Common Stock | $93M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$57M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $16.3B |
| Total Debt | $12.2B |
| Net Debt | $12.1B |
