| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.4B | $5.7B | $5.5B | -4.2% | -0.8% |
| Op. Income | $217M | $208M | $228M | 4.0% | -4.9% |
| Gross Margin | 16.4% | 16.3% | 16.5% | 0.1pp | -0.0pp |
| Net Margin | 2.9% | 2.5% | 2.5% | 0.4pp | 0.4pp |
| EPS (Diluted) | $2.43 | $2.17 | $2.04 | 12.0% | 19.1% |
| Free Cash Flow | $113M | $220M | $125M | -48.4% | -9.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $891M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $674M |
| SG&A Expenses | $674M |
| Other Expenses | $0 |
| Operating Expenses | $674M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $217M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $22M |
| EBIT | $215M |
| EBITDA | $239M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $891M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $674M |
| SG&A Expenses | $674M |
| Other Expenses | $0 |
| Operating Expenses | $674M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $217M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $205M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $22M |
| EBIT | $215M |
| EBITDA | $239M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$72M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$700.0K |
| Common Stock Repurchased | -$186M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$190M |
| FREE CASH FLOW | $113M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $683M |
| Short-Term Investments | $0 |
| Net Receivables | $5.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $150M |
| Goodwill | $1.3B |
| Intangible Assets | $256M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $839M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $2.2B |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $685M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$3.3B |
| Accum. Other Comp. Income | -$393M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $85M |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $1.1B |
| Net Debt | $396M |
