| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B | $2.0B | -5.5% | 4.8% |
| Op. Income | $201M | $223M | $135M | -9.8% | 49.7% |
| Gross Margin | 18.2% | 18.6% | 16.6% | -0.3pp | 1.6pp |
| Net Margin | 7.4% | 7.1% | 4.8% | 0.3pp | 2.6pp |
| EPS (Diluted) | $2.05 | $2.05 | $1.23 | 0.0% | 66.7% |
| Free Cash Flow | $176M | $158M | $81M | 11.4% | 116.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165M |
| Other Expenses | $9M |
| Operating Expenses | $174M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $201M |
| Interest Income | $4M |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $151M |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $29M |
| EBIT | $204M |
| EBITDA | $233M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $375M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $165M |
| Other Expenses | $9M |
| Operating Expenses | $174M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $201M |
| Interest Income | $4M |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $190M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $151M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $151M |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $29M |
| EBIT | $204M |
| EBITDA | $233M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $151M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $22M |
| OPERATING CASH FLOW | $216M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$35M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$97M |
| FREE CASH FLOW | $176M |
| Net Change in Cash | $83M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $1.2B |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $481M |
| Goodwill | $1.0B |
| Intangible Assets | $469M |
| Long-Term Investments | $34M |
| Tax Assets | $10M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $777M |
| Short-Term Debt | $0 |
| Deferred Revenue | $445M |
| Other Current Liabilities | $252M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $818M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $273M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $815M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$203M |
| Accum. Other Comp. Income | -$107M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $818M |
| Net Debt | $363M |