| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $432M | $424M | $401M | 1.8% | 7.7% |
| Op. Income | $61M | $68M | $60M | -10.2% | 0.8% |
| Gross Margin | 26.5% | 28.1% | 27.8% | -1.6pp | -1.3pp |
| Net Margin | 17.5% | 9.8% | 9.1% | 7.7pp | 8.4pp |
| EPS (Diluted) | $2.12 | $1.17 | $1.04 | 81.2% | 103.8% |
| Free Cash Flow | $35M | $52M | $47M | -33.5% | -27.2% |
| Item | Amount |
|---|---|
| REVENUE | $432M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $115M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | -$42M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $17M |
| EBIT | $45M |
| EBITDA | $61M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $432M |
| Cost of Revenue | $318M |
| GROSS PROFIT | $115M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | -$42M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $17M |
| EBIT | $45M |
| EBITDA | $61M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$600.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$36M |
| FREE CASH FLOW | $35M |
| Net Change in Cash | $212M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $3M |
| Net Receivables | $383M |
| Inventory | $219M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $852M |
| PP&E (Net) | $1.1B |
| Goodwill | $779M |
| Intangible Assets | $197M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $55M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $179M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $57M |
| TOTAL CURRENT LIABILITIES | $310M |
| Long-Term Debt | $960M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $159M |
| Other Non-Current Liabilities | $262M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $423M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$597M |
| Accum. Other Comp. Income | -$186M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $27M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $970M |
| Net Debt | $758M |
