| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $1.2B | 7.5% | -9.2% |
| Op. Income | $63M | $61M | $66M | 3.3% | -4.5% |
| Gross Margin | 8.7% | 10.4% | 9.6% | -1.7pp | -0.9pp |
| Net Margin | 4.4% | 3.5% | 2.7% | 0.9pp | 1.7pp |
| EPS (Diluted) | $1.08 | $0.79 | $0.71 | 36.7% | 52.1% |
| Free Cash Flow | $84M | $58M | $31M | 44.8% | 171.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $10M |
| EBIT | $63M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $96M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $33M |
| Other Expenses | $0 |
| Operating Expenses | $33M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $63M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $10M |
| EBIT | $63M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$88M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $207M |
| Short-Term Investments | $0 |
| Net Receivables | $582M |
| Inventory | $128M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $917M |
| PP&E (Net) | $58M |
| Goodwill | $863M |
| Intangible Assets | $195M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $443M |
| Short-Term Debt | $24M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $647M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | -$13M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $53M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $36M |
| Retained Earnings | $301M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $336M |
| Minority Interest | $0 |
| TOTAL EQUITY | $336M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $1.0B |
| Net Debt | $831M |
