| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $338M | $305M | $222M | 10.5% | 52.3% |
| Op. Income | $66M | $41M | $39M | 60.6% | 69.8% |
| Gross Margin | 23.9% | 17.6% | 23.2% | 6.3pp | 0.7pp |
| Net Margin | 12.4% | 6.9% | 8.3% | 5.4pp | 4.0pp |
| EPS (Diluted) | $0.64 | $0.32 | $0.28 | 100.0% | 128.6% |
| Free Cash Flow | $22M | $19M | $15M | 15.6% | 43.4% |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $23M |
| EBIT | $68M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $338M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $14M |
| Other Expenses | $0 |
| Operating Expenses | $14M |
| Cost & Expenses | $271M |
| OPERATING INCOME | $66M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $23M |
| EBIT | $68M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $62M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$62M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $296M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $279M |
| FREE CASH FLOW | $22M |
| Net Change in Cash | $301M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $143M |
| Short-Term Investments | $0 |
| Net Receivables | $206M |
| Inventory | $177M |
| Other Current Assets | $317M |
| TOTAL CURRENT ASSETS | $852M |
| PP&E (Net) | $845M |
| Goodwill | $0 |
| Intangible Assets | $26M |
| Long-Term Investments | -$1M |
| Tax Assets | $1M |
| Other Non-Current Assets | $1M |
| TOTAL NON-CURRENT ASSETS | $872M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $36M |
| Short-Term Debt | $296M |
| Deferred Revenue | $1M |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $430M |
| Long-Term Debt | $663M |
| Deferred Revenue NC | $32M |
| Deferred Tax Liabilities | $32M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $744M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $65M |
| Additional Paid-In Capital | $339M |
| Retained Earnings | $206M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$59M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $551M |
| Minority Interest | $0 |
| TOTAL EQUITY | $551M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $986M |
| Net Debt | $843M |
