| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $368M | $338M | $243M | 8.9% | 51.5% |
| Op. Income | $76M | $66M | $41M | 14.7% | 85.5% |
| Gross Margin | 24.6% | 23.9% | 20.9% | 0.7pp | 3.7pp |
| Net Margin | 7.0% | 12.4% | 4.0% | -5.4pp | 3.0pp |
| EPS (Diluted) | $0.39 | $0.64 | $0.15 | -39.1% | 160.0% |
| Free Cash Flow | $60M | $22M | $45M | 172.5% | 33.4% |
| Item | Amount |
|---|---|
| REVENUE | $368M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $292M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $23M |
| EBIT | $76M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $368M |
| Cost of Revenue | $277M |
| GROSS PROFIT | $90M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $292M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $23M |
| EBIT | $76M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $193.0K |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$325.0K |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$167.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$299M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$848.0K |
| NET CASH FROM FINANCING | -$308M |
| FREE CASH FLOW | $60M |
| Net Change in Cash | -$247M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $213M |
| Inventory | $185M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $628M |
| PP&E (Net) | $852M |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | -$2M |
| Tax Assets | $2M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $880M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $43M |
| Short-Term Debt | $0 |
| Deferred Revenue | $7M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $151M |
| Long-Term Debt | $684M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $771M |
| TOTAL LIABILITIES | $923M |
| Common Stock | $65M |
| Additional Paid-In Capital | $339M |
| Retained Earnings | $224M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $584M |
| Minority Interest | $0 |
| TOTAL EQUITY | $584M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $712M |
| Net Debt | $498M |
