| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $371M | $373M | $371M | -0.7% | -0.2% |
| Op. Income | $29M | $21M | $28M | 40.6% | 2.2% |
| Gross Margin | 23.6% | 20.8% | 22.1% | 2.8pp | 1.6pp |
| Net Margin | 4.6% | 3.6% | 4.5% | 1.0pp | 0.1pp |
| EPS (Diluted) | $0.62 | $0.48 | $0.61 | 29.2% | 1.6% |
| Free Cash Flow | $15M | -$5M | -$33M | 385.9% | 145.6% |
| Item | Amount |
|---|---|
| REVENUE | $371M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $2M |
| Operating Expenses | $58M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $274.0K |
| Other Income/Expenses | -$141.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $4M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $371M |
| Cost of Revenue | $283M |
| GROSS PROFIT | $88M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $56M |
| Other Expenses | $2M |
| Operating Expenses | $58M |
| Cost & Expenses | $342M |
| OPERATING INCOME | $29M |
| Interest Income | $0 |
| Interest Expense | $274.0K |
| Other Income/Expenses | -$141.0K |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $17M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $17M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $17M |
| D&A | $4M |
| EBIT | $29M |
| EBITDA | $32M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $17M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$174.0K |
| Change in Working Capital | $49.0K |
| OPERATING CASH FLOW | $17M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | -$30M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$253.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$500.0K |
| NET CASH FROM FINANCING | -$16M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $60M |
| Short-Term Investments | $0 |
| Net Receivables | $393M |
| Inventory | $51M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $555M |
| PP&E (Net) | $16M |
| Goodwill | $76M |
| Intangible Assets | $29M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $184M |
| TOTAL ASSETS | $739M |
| Account Payables | $100M |
| Short-Term Debt | $153M |
| Deferred Revenue | $46M |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $336M |
| Long-Term Debt | $5M |
| Deferred Revenue NC | $8M |
| Deferred Tax Liabilities | $2M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $27M |
| TOTAL LIABILITIES | $363M |
| Common Stock | $142.0K |
| Additional Paid-In Capital | $127M |
| Retained Earnings | $253M |
| Treasury Stock | -$4M |
| Accum. Other Comp. Income | $120.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $376M |
| Minority Interest | $0 |
| TOTAL EQUITY | $376M |
| TOTAL LIABILITIES & EQUITY | $739M |
| Total Debt | $157M |
| Net Debt | $97M |
