| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.1B | $1.0B | 11.2% | 19.9% |
| Op. Income | $150M | $109M | $122M | 37.5% | 22.8% |
| Gross Margin | 27.4% | 25.4% | 25.4% | 2.0pp | 2.0pp |
| Net Margin | 7.5% | 5.7% | 4.7% | 1.8pp | 2.9pp |
| EPS (Diluted) | $1.01 | $0.69 | $0.52 | 46.4% | 94.2% |
| Free Cash Flow | -$45M | $123M | $64M | -136.9% | -170.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $901M |
| GROSS PROFIT | $340M |
| R&D Expenses | $0 |
| Selling & Marketing | $67M |
| General & Administrative | $61M |
| SG&A Expenses | $128M |
| Other Expenses | $63M |
| Operating Expenses | $191M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $150M |
| Interest Income | $8M |
| Interest Expense | $30M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $34M |
| EBIT | $150M |
| EBITDA | $183M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $901M |
| GROSS PROFIT | $340M |
| R&D Expenses | $0 |
| Selling & Marketing | $67M |
| General & Administrative | $61M |
| SG&A Expenses | $128M |
| Other Expenses | $63M |
| Operating Expenses | $191M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $150M |
| Interest Income | $8M |
| Interest Expense | $30M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $94M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $94M |
| D&A | $34M |
| EBIT | $150M |
| EBITDA | $183M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $94M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$125.0K |
| Other Non-Cash Items | $19M |
| Change in Working Capital | -$176M |
| OPERATING CASH FLOW | -$22M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$54M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $26M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | -$45M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $820M |
| Short-Term Investments | $16M |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $710M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $411M |
| Goodwill | $1.5B |
| Intangible Assets | $514M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $1.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $96M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $96M |
| Deferred Tax Liabilities | $16M |
| Other Non-Current Liabilities | -$96M |
| TOTAL NON-CURRENT LIABILITIES | $2.5B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $124.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $789M |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $2.5B |
| Net Debt | $1.7B |
