| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $373M | $333M | $299M | 12.2% | 25.1% |
| Op. Income | $21M | $19M | $18M | 9.5% | 15.0% |
| Gross Margin | 20.8% | 23.0% | 22.7% | -2.2pp | -1.9pp |
| Net Margin | 3.6% | 3.2% | 3.6% | 0.4pp | 0.0pp |
| EPS (Diluted) | $0.48 | $0.38 | $0.38 | 26.3% | 26.3% |
| Free Cash Flow | -$5M | $1M | -$14M | -603.9% | 60.9% |
| Item | Amount |
|---|---|
| REVENUE | $373M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $2M |
| Operating Expenses | $57M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $359.0K |
| Other Income/Expenses | $271.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $19M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $373M |
| Cost of Revenue | $290M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $55M |
| Other Expenses | $2M |
| Operating Expenses | $57M |
| Cost & Expenses | $353M |
| OPERATING INCOME | $21M |
| Interest Income | $0 |
| Interest Expense | $359.0K |
| Other Income/Expenses | $271.0K |
| INCOME BEFORE TAX | $21M |
| Income Tax Expense | $7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $3M |
| EBIT | $19M |
| EBITDA | $23M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $3M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$17M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $4M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $98M |
| Short-Term Investments | $0 |
| Net Receivables | $364M |
| Inventory | $90M |
| Other Current Assets | $15M |
| TOTAL CURRENT ASSETS | $606M |
| PP&E (Net) | $12M |
| Goodwill | $55M |
| Intangible Assets | $16M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $150M |
| TOTAL ASSETS | $755M |
| Account Payables | $112M |
| Short-Term Debt | $169M |
| Deferred Revenue | $63M |
| Other Current Liabilities | $9M |
| TOTAL CURRENT LIABILITIES | $382M |
| Long-Term Debt | $7M |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $17M |
| TOTAL LIABILITIES | $398M |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $125M |
| Retained Earnings | $236M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | -$271.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $357M |
| Minority Interest | $0 |
| TOTAL EQUITY | $357M |
| TOTAL LIABILITIES & EQUITY | $755M |
| Total Debt | $175M |
| Net Debt | $77M |
