| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $357M | $238M | $283M | 49.8% | 25.9% |
| Op. Income | $54M | $24M | $41M | 124.7% | 34.0% |
| Gross Margin | 39.4% | 41.2% | 40.0% | -1.8pp | -0.6pp |
| Net Margin | 19.6% | 7.9% | 8.6% | 11.7pp | 11.0pp |
| EPS (Diluted) | $1.07 | $0.29 | $0.39 | 269.0% | 174.4% |
| Free Cash Flow | $71M | $17M | $61M | 332.4% | 17.7% |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $4M |
| Operating Expenses | $86M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $870.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $3M |
| EBIT | $55M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $357M |
| Cost of Revenue | $216M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $4M |
| Operating Expenses | $86M |
| Cost & Expenses | $302M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $870.0K |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $53M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $3M |
| EBIT | $55M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $769.0K |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $42.0K |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$78M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $71M |
| Net Change in Cash | -$3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $39M |
| Short-Term Investments | $0 |
| Net Receivables | $1M |
| Inventory | $255M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $304M |
| PP&E (Net) | $55M |
| Goodwill | $445M |
| Intangible Assets | $233M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $735M |
| TOTAL ASSETS | $1.0B |
| Account Payables | $74M |
| Short-Term Debt | $10M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $137M |
| Long-Term Debt | $39M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $105M |
| TOTAL LIABILITIES | $242M |
| Common Stock | $62.0K |
| Additional Paid-In Capital | $583M |
| Retained Earnings | $213M |
| Treasury Stock | -$86.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $796M |
| Minority Interest | $0 |
| TOTAL EQUITY | $796M |
| TOTAL LIABILITIES & EQUITY | $1.0B |
| Total Debt | $49M |
| Net Debt | $10M |
