| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $418M | $305M | $285M | 37.1% | 46.4% |
| Op. Income | $38M | $51M | $49M | -26.0% | -23.1% |
| Gross Margin | 35.8% | 41.5% | 39.8% | -5.7pp | -4.0pp |
| Net Margin | 8.6% | -3.5% | 13.6% | 12.2pp | -5.0pp |
| EPS (Diluted) | $1.45 | $-0.48 | $1.69 | 402.1% | -14.2% |
| Free Cash Flow | $51M | $70M | $11M | -27.0% | 386.1% |
| Item | Amount |
|---|---|
| REVENUE | $418M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $150M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $12M |
| Operating Expenses | $112M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $24M |
| EBIT | $50M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $418M |
| Cost of Revenue | $268M |
| GROSS PROFIT | $150M |
| R&D Expenses | $23M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $12M |
| Operating Expenses | $112M |
| Cost & Expenses | $380M |
| OPERATING INCOME | $38M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $24M |
| EBIT | $50M |
| EBITDA | $74M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $842.0K |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$306M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $19.0K |
| NET CASH FROM INVESTING | -$324M |
| Net Debt Issuance | $250M |
| Common Stock Repurchased | -$116.0K |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $240M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $412M |
| Short-Term Investments | $37.0K |
| Net Receivables | $249M |
| Inventory | $264M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $973M |
| PP&E (Net) | $337M |
| Goodwill | $841M |
| Intangible Assets | $405M |
| Long-Term Investments | $31M |
| Tax Assets | $12M |
| Other Non-Current Assets | $28M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $121M |
| Short-Term Debt | $10M |
| Deferred Revenue | $16M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $264M |
| Long-Term Debt | $743M |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $61M |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $921M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $251.0K |
| Additional Paid-In Capital | $801M |
| Retained Earnings | $759M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | -$74M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $137.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $754M |
| Net Debt | $341M |
