| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $737M | $811M | $718M | -9.1% | 2.6% |
| Op. Income | $168M | $215M | $159M | -22.0% | 5.5% |
| Gross Margin | 28.9% | 32.1% | 33.3% | -3.3pp | -4.4pp |
| Net Margin | 16.8% | 20.1% | 15.3% | -3.3pp | 1.5pp |
| EPS (Diluted) | $0.86 | $1.11 | $0.75 | -22.5% | 14.7% |
| Free Cash Flow | $88M | $193M | $108M | -54.2% | -18.5% |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $524M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | -$1M |
| Operating Expenses | $45M |
| Cost & Expenses | $569M |
| OPERATING INCOME | $168M |
| Interest Income | $5M |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $31M |
| EBIT | $171M |
| EBITDA | $202M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $524M |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | -$1M |
| Operating Expenses | $45M |
| Cost & Expenses | $569M |
| OPERATING INCOME | $168M |
| Interest Income | $5M |
| Interest Expense | $4M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $31M |
| EBIT | $171M |
| EBITDA | $202M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$40M |
| Change in Working Capital | $34M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$102M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $987M |
| Short-Term Investments | $0 |
| Net Receivables | $144M |
| Inventory | $284M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $976M |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | $53M |
| Tax Assets | $3M |
| Other Non-Current Assets | $130M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $214M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $233M |
| Long-Term Debt | $349M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $570M |
| TOTAL LIABILITIES | $803M |
| Common Stock | $153M |
| Additional Paid-In Capital | $457M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$264M |
| Accum. Other Comp. Income | -$148M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $354M |
| Net Debt | -$633M |
