| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $407M | $346M | $325M | 17.5% | 25.1% |
| Op. Income | $48M | $36M | $40M | 34.4% | 20.3% |
| Gross Margin | 27.6% | 27.7% | 29.5% | -0.1pp | -1.8pp |
| Net Margin | 6.6% | 5.8% | 5.2% | 0.8pp | 1.4pp |
| EPS (Diluted) | $0.44 | $0.42 | $0.28 | 4.8% | 57.1% |
| Free Cash Flow | -$5M | $24M | -$5M | -118.7% | 0.5% |
| Item | Amount |
|---|---|
| REVENUE | $407M |
| Cost of Revenue | $294M |
| GROSS PROFIT | $112M |
| R&D Expenses | $5M |
| Selling & Marketing | $38M |
| General & Administrative | $21M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $48M |
| Interest Income | $13M |
| Interest Expense | $21M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $25M |
| EBIT | $45M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $407M |
| Cost of Revenue | $294M |
| GROSS PROFIT | $112M |
| R&D Expenses | $5M |
| Selling & Marketing | $38M |
| General & Administrative | $21M |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $64M |
| Cost & Expenses | $358M |
| OPERATING INCOME | $48M |
| Interest Income | $13M |
| Interest Expense | $21M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $25M |
| EBIT | $45M |
| EBITDA | $70M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $3.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $21M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $4M |
| Net Receivables | $301M |
| Inventory | $161M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $555M |
| PP&E (Net) | $460M |
| Goodwill | $60M |
| Intangible Assets | $68M |
| Long-Term Investments | $10M |
| Tax Assets | $46M |
| Other Non-Current Assets | $4M |
| TOTAL NON-CURRENT ASSETS | $648M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $173M |
| Short-Term Debt | $6M |
| Deferred Revenue | $71M |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $294M |
| Long-Term Debt | $700M |
| Deferred Revenue NC | -$700M |
| Deferred Tax Liabilities | $24M |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $805M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $84M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $24M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$566.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $104M |
| Minority Interest | $0 |
| TOTAL EQUITY | $104M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $6M |
| Net Debt | -$54M |
