| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $448M | $464M | $432M | -3.6% | 3.6% |
| Op. Income | $64M | $69M | $61M | -6.8% | 5.4% |
| Gross Margin | 25.2% | 25.7% | 26.5% | -0.5pp | -1.3pp |
| Net Margin | 9.6% | 9.0% | 17.5% | 0.6pp | -7.9pp |
| EPS (Diluted) | $1.22 | $1.18 | $2.12 | 3.4% | -42.5% |
| Free Cash Flow | $49M | $39M | $35M | 26.5% | 42.6% |
| Item | Amount |
|---|---|
| REVENUE | $448M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $113M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $383M |
| OPERATING INCOME | $64M |
| Interest Income | $600.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $24M |
| EBIT | $61M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $448M |
| Cost of Revenue | $335M |
| GROSS PROFIT | $113M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $44M |
| Other Expenses | $0 |
| Operating Expenses | $49M |
| Cost & Expenses | $383M |
| OPERATING INCOME | $64M |
| Interest Income | $600.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $24M |
| EBIT | $61M |
| EBITDA | $85M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | $37M |
| Change in Working Capital | -$50M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $500.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$800.0K |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$47M |
| FREE CASH FLOW | $49M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $209M |
| Short-Term Investments | $4M |
| Net Receivables | $387M |
| Inventory | $239M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $876M |
| PP&E (Net) | $1.1B |
| Goodwill | $812M |
| Intangible Assets | $214M |
| Long-Term Investments | $3M |
| Tax Assets | $26M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $169M |
| Short-Term Debt | $109M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $382M |
| Long-Term Debt | $908M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $197M |
| Other Non-Current Liabilities | $215M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $432M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$619M |
| Accum. Other Comp. Income | -$234M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $32M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.0B |
| Net Debt | $808M |
