| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $675M | $704M | $564M | -4.1% | 19.8% |
| Op. Income | $81M | $83M | $64M | -2.5% | 25.3% |
| Gross Margin | 76.7% | 76.1% | 78.6% | 0.6pp | -1.9pp |
| Net Margin | 7.9% | 7.2% | 7.4% | 0.6pp | 0.5pp |
| EPS (Diluted) | $0.94 | $0.90 | $0.76 | 4.4% | 23.7% |
| Free Cash Flow | $48M | $37M | $61M | 28.9% | -20.7% |
| Item | Amount |
|---|---|
| REVENUE | $675M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $272M |
| General & Administrative | $166M |
| SG&A Expenses | $437M |
| Other Expenses | $0 |
| Operating Expenses | $437M |
| Cost & Expenses | $595M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $23M |
| EBIT | $74M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $675M |
| Cost of Revenue | $157M |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $272M |
| General & Administrative | $166M |
| SG&A Expenses | $437M |
| Other Expenses | $0 |
| Operating Expenses | $437M |
| Cost & Expenses | $595M |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $23M |
| EBIT | $74M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$50M |
| FREE CASH FLOW | $48M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $390M |
| Short-Term Investments | $11M |
| Net Receivables | $57M |
| Inventory | $289M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $826M |
| PP&E (Net) | $497M |
| Goodwill | $187M |
| Intangible Assets | $92M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $920M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $53M |
| Short-Term Debt | $82M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $428M |
| Long-Term Debt | $366M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $120M |
| TOTAL NON-CURRENT LIABILITIES | $486M |
| TOTAL LIABILITIES | $914M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $545M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $832M |
| Minority Interest | $0 |
| TOTAL EQUITY | $832M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $448M |
| Net Debt | $58M |
