| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $464M | $465M | $424M | -0.1% | 9.4% |
| Op. Income | $69M | $64M | $68M | 7.2% | 1.6% |
| Gross Margin | 25.7% | 24.9% | 28.1% | 0.7pp | -2.4pp |
| Net Margin | 9.0% | 9.5% | 9.8% | -0.5pp | -0.8pp |
| EPS (Diluted) | $1.18 | $1.25 | $1.17 | -5.6% | 0.9% |
| Free Cash Flow | $39M | $20M | $52M | 91.6% | -25.0% |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $119M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $395M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $27M |
| EBIT | $64M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $345M |
| GROSS PROFIT | $119M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $50M |
| Cost & Expenses | $395M |
| OPERATING INCOME | $69M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $27M |
| EBIT | $64M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $300.0K |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $53M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $4M |
| Net Receivables | $411M |
| Inventory | $243M |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $904M |
| PP&E (Net) | $1.1B |
| Goodwill | $808M |
| Intangible Assets | $210M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $185M |
| Short-Term Debt | $111M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $124M |
| TOTAL CURRENT LIABILITIES | $420M |
| Long-Term Debt | $946M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $165M |
| Other Non-Current Liabilities | $240M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $430M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$613M |
| Accum. Other Comp. Income | -$239M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $31M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.1B |
| Net Debt | $851M |
