| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $5.6B | $4.8B | -2.0% | 16.1% |
| Op. Income | $154M | $239M | $127M | -35.6% | 21.1% |
| Gross Margin | 16.0% | 16.6% | 16.6% | -0.5pp | -0.5pp |
| Net Margin | 1.8% | 3.8% | 1.6% | -2.1pp | 0.2pp |
| EPS (Diluted) | $1.45 | $3.22 | $1.09 | -55.0% | 33.0% |
| Free Cash Flow | -$71M | $99M | $180M | -171.9% | -139.5% |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $885M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $732M |
| SG&A Expenses | $732M |
| Other Expenses | $24M |
| Operating Expenses | $732M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $154M |
| Interest Income | $1M |
| Interest Expense | $14M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $22M |
| EBIT | $151M |
| EBITDA | $200M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $885M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $732M |
| SG&A Expenses | $732M |
| Other Expenses | $24M |
| Operating Expenses | $732M |
| Cost & Expenses | $5.4B |
| OPERATING INCOME | $154M |
| Interest Income | $1M |
| Interest Expense | $14M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $22M |
| EBIT | $151M |
| EBITDA | $200M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$178M |
| OPERATING CASH FLOW | -$58M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$77M |
| FREE CASH FLOW | -$71M |
| Net Change in Cash | -$137M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $552M |
| Short-Term Investments | $0 |
| Net Receivables | $5.4B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.3B |
| PP&E (Net) | $158M |
| Goodwill | $1.4B |
| Intangible Assets | $276M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $774M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $2.3B |
| Short-Term Debt | $479M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $4.8B |
| Long-Term Debt | $491M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $716M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $2.8B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$264M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $84M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $970M |
| Net Debt | $418M |
