| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.3B | 1.1% | 10.1% |
| Op. Income | $154M | $151M | $128M | 1.9% | 19.6% |
| Gross Margin | 41.8% | 41.6% | 41.1% | 0.2pp | 0.8pp |
| Net Margin | 7.7% | 7.9% | 3.5% | -0.2pp | 4.2pp |
| EPS (Diluted) | $0.95 | $0.95 | $0.38 | 0.0% | 150.0% |
| Free Cash Flow | $108M | $175M | $52M | -38.6% | 106.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $862M |
| GROSS PROFIT | $620M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $466M |
| Other Expenses | -$1M |
| Operating Expenses | $467M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $154M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $371.0K |
| EBIT | $154M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $862M |
| GROSS PROFIT | $620M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $466M |
| Other Expenses | -$1M |
| Operating Expenses | $467M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $154M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $371.0K |
| EBIT | $154M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$47.0K |
| Common Stock Repurchased | -$137M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$171M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | -$85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $277M |
| Short-Term Investments | $0 |
| Net Receivables | $794M |
| Inventory | $0 |
| Other Current Assets | $350M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $125M |
| Goodwill | $210M |
| Intangible Assets | $3M |
| Long-Term Investments | -$91M |
| Tax Assets | $91M |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $429M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $168M |
| Short-Term Debt | $200.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24M |
| TOTAL CURRENT LIABILITIES | $820M |
| Long-Term Debt | $457.0K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $20M |
| TOTAL NON-CURRENT LIABILITIES | $20M |
| TOTAL LIABILITIES | $840M |
| Common Stock | $119.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$16M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $657.0K |
| Net Debt | -$276M |
