| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $2.1B | $1.6B | -12.3% | 13.7% |
| Op. Income | $161M | $201M | $75M | -20.3% | 115.4% |
| Gross Margin | 18.2% | 18.2% | 15.3% | -0.0pp | 2.9pp |
| Net Margin | 6.0% | 7.4% | 3.6% | -1.3pp | 2.5pp |
| EPS (Diluted) | $1.51 | $2.05 | $0.74 | -26.3% | 104.1% |
| Free Cash Flow | -$105M | $176M | $9M | -159.8% | -1229.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $159M |
| Other Expenses | $9M |
| Operating Expenses | $168M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $161M |
| Interest Income | $2M |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $109M |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $29M |
| EBIT | $162M |
| EBITDA | $190M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $328M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $159M |
| Other Expenses | $9M |
| Operating Expenses | $168M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $161M |
| Interest Income | $2M |
| Interest Expense | $14M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $149M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $109M |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $29M |
| EBIT | $162M |
| EBITDA | $190M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$229M |
| OPERATING CASH FLOW | -$86M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$15M |
| Common Stock Repurchased | -$177M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$195M |
| FREE CASH FLOW | -$105M |
| Net Change in Cash | -$295M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $160M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.3B |
| Other Current Assets | $78M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $487M |
| Goodwill | $1.0B |
| Intangible Assets | $460M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $134M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $608M |
| Short-Term Debt | $0 |
| Deferred Revenue | $425M |
| Other Current Liabilities | $325M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $818M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $322M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $798M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$353M |
| Accum. Other Comp. Income | -$125M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $818M |
| Net Debt | $658M |
