| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.2B | $1.2B | 25.8% | 21.5% |
| Op. Income | $267M | $169M | $219M | 58.2% | 21.8% |
| Gross Margin | 44.8% | 40.9% | 44.0% | 3.9pp | 0.8pp |
| Net Margin | 11.8% | 9.1% | 12.8% | 2.7pp | -1.0pp |
| EPS (Diluted) | $0.66 | $0.43 | $0.62 | 53.5% | 6.5% |
| Free Cash Flow | $438M | $84M | $270M | 424.3% | 62.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $823M |
| GROSS PROFIT | $668M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $376M |
| Other Expenses | $26M |
| Operating Expenses | $401M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $36M |
| EBIT | $268M |
| EBITDA | $304M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $823M |
| GROSS PROFIT | $668M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $376M |
| Other Expenses | $26M |
| Operating Expenses | $401M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $267M |
| Interest Income | $0 |
| Interest Expense | $45M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $233M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $176M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $176M |
| D&A | $36M |
| EBIT | $268M |
| EBITDA | $304M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $176M |
| Depreciation & Amortization | $36M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $60M |
| Change in Working Capital | $235M |
| OPERATING CASH FLOW | $512M |
| Capital Expenditure | -$74M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $800.0K |
| NET CASH FROM INVESTING | -$73M |
| Net Debt Issuance | -$348M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$411M |
| FREE CASH FLOW | $438M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $0 |
| Net Receivables | $555M |
| Inventory | $793M |
| Other Current Assets | $49M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $809M |
| Goodwill | $4.5B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $399M |
| Tax Assets | -$108M |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $640M |
| Short-Term Debt | $583M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $543M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $4.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $7.8B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$280M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $11M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $5.0B |
| Net Debt | $4.8B |
