| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $616M | $666M | $499M | -7.5% | 23.5% |
| Op. Income | $59M | $99M | $46M | -40.5% | 27.5% |
| Gross Margin | 76.3% | 77.7% | 77.7% | -1.5pp | -1.4pp |
| Net Margin | 5.8% | 2.7% | 5.5% | 3.0pp | 0.3pp |
| EPS (Diluted) | $0.64 | $0.33 | $0.51 | 93.9% | 25.5% |
| Free Cash Flow | -$14M | $126M | $5M | -111.0% | -355.0% |
| Item | Amount |
|---|---|
| REVENUE | $616M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $470M |
| R&D Expenses | $0 |
| Selling & Marketing | $258M |
| General & Administrative | $153M |
| SG&A Expenses | $411M |
| Other Expenses | $1M |
| Operating Expenses | $411M |
| Cost & Expenses | $557M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $19M |
| EBIT | $59M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $616M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $470M |
| R&D Expenses | $0 |
| Selling & Marketing | $258M |
| General & Administrative | $153M |
| SG&A Expenses | $411M |
| Other Expenses | $1M |
| Operating Expenses | $411M |
| Cost & Expenses | $557M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $19M |
| EBIT | $59M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$67M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$33M |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $8M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | -$17M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $299.0K |
| NET CASH FROM FINANCING | $30M |
| FREE CASH FLOW | -$14M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $421M |
| Short-Term Investments | $9M |
| Net Receivables | $54M |
| Inventory | $283M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $834M |
| PP&E (Net) | $508M |
| Goodwill | $187M |
| Intangible Assets | $101M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $941M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $62M |
| Short-Term Debt | $363M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $734M |
| Long-Term Debt | $107M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $241M |
| TOTAL LIABILITIES | $976M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $523M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $799M |
| Minority Interest | $0 |
| TOTAL EQUITY | $799M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $470M |
| Net Debt | $48M |
