| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $683M | $675M | $666M | 1.2% | 2.6% |
| Op. Income | $18M | $81M | $99M | -77.2% | -81.4% |
| Gross Margin | 76.3% | 76.7% | 77.7% | -0.4pp | -1.4pp |
| Net Margin | -2.6% | 7.9% | 2.7% | -10.5pp | -5.3pp |
| EPS (Diluted) | $-0.32 | $0.94 | $0.33 | -134.0% | -197.0% |
| Free Cash Flow | $61M | $48M | $126M | 26.5% | -51.6% |
| Item | Amount |
|---|---|
| REVENUE | $683M |
| Cost of Revenue | $162M |
| GROSS PROFIT | $521M |
| R&D Expenses | $23M |
| Selling & Marketing | $269M |
| General & Administrative | $163M |
| SG&A Expenses | $432M |
| Other Expenses | -$4M |
| Operating Expenses | $432M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $14M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | -$18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $20M |
| EBIT | $89M |
| EBITDA | $116M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$18M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $50M |
| Change in Working Capital | $44M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $88.0K |
| Sales/Maturities of Investments | -$267.0K |
| Other Investing Activities | $179.0K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$21M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$58M |
| FREE CASH FLOW | $61M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $387M |
| Short-Term Investments | $11M |
| Net Receivables | $53M |
| Inventory | $296M |
| Other Current Assets | $23M |
| TOTAL CURRENT ASSETS | $799M |
| PP&E (Net) | $465M |
| Goodwill | $197M |
| Intangible Assets | $90M |
| Long-Term Investments | -$37M |
| Tax Assets | $37M |
| Other Non-Current Assets | $144M |
| TOTAL NON-CURRENT ASSETS | $895M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $48M |
| Short-Term Debt | $69M |
| Deferred Revenue | $20M |
| Other Current Liabilities | $100M |
| TOTAL CURRENT LIABILITIES | $440M |
| Long-Term Debt | $361M |
| Deferred Revenue NC | -$33M |
| Deferred Tax Liabilities | $33M |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $473M |
| TOTAL LIABILITIES | $913M |
| Common Stock | $91.0K |
| Additional Paid-In Capital | $553M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$1.3B |
| Accum. Other Comp. Income | -$80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $782M |
| Minority Interest | $0 |
| TOTAL EQUITY | $782M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $430M |
| Net Debt | $44M |
