| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $439M | $459M | $318M | -4.4% | 38.2% |
| Op. Income | $76M | $60M | $59M | 27.9% | 30.1% |
| Gross Margin | 40.9% | 36.8% | 42.0% | 4.1pp | -1.2pp |
| Net Margin | 12.2% | 9.2% | 13.5% | 3.0pp | -1.3pp |
| EPS (Diluted) | $2.10 | $1.67 | $1.87 | 25.7% | 12.3% |
| Free Cash Flow | $96M | $49M | $68M | 94.1% | 41.5% |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $260M |
| GROSS PROFIT | $180M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $13M |
| Operating Expenses | $103M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $26M |
| EBIT | $74M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $439M |
| Cost of Revenue | $260M |
| GROSS PROFIT | $180M |
| R&D Expenses | $20M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $70M |
| Other Expenses | $13M |
| Operating Expenses | $103M |
| Cost & Expenses | $363M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $26M |
| EBIT | $74M |
| EBITDA | $100M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $790.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$948.0K |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $498M |
| Short-Term Investments | $35.0K |
| Net Receivables | $258M |
| Inventory | $247M |
| Other Current Assets | $55M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $344M |
| Goodwill | $830M |
| Intangible Assets | $377M |
| Long-Term Investments | $29M |
| Tax Assets | $9M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $130M |
| Short-Term Debt | $10M |
| Deferred Revenue | $9M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $304M |
| Long-Term Debt | $691M |
| Deferred Revenue NC | $49M |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | $100M |
| TOTAL NON-CURRENT LIABILITIES | $840M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $254.0K |
| Additional Paid-In Capital | $831M |
| Retained Earnings | $835M |
| Treasury Stock | -$49M |
| Accum. Other Comp. Income | -$98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $130.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $701M |
| Net Debt | $202M |
