| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | 6.2% | 2.8% |
| Op. Income | $72M | $59M | $74M | 22.0% | -2.7% |
| Gross Margin | 9.5% | 9.2% | 10.2% | 0.3pp | -0.7pp |
| Net Margin | 3.8% | 3.3% | 3.8% | 0.4pp | -0.0pp |
| EPS (Diluted) | $0.98 | $0.80 | $0.91 | 22.5% | 7.7% |
| Free Cash Flow | $72M | -$38M | $150M | 289.5% | -52.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $11M |
| EBIT | $73M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $109M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $11M |
| EBIT | $73M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $26M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | -$43M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $125M |
| Short-Term Investments | $0 |
| Net Receivables | $717M |
| Inventory | $134M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $976M |
| PP&E (Net) | $61M |
| Goodwill | $863M |
| Intangible Assets | $184M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $490M |
| Short-Term Debt | $37M |
| Deferred Revenue | $13M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $730M |
| Long-Term Debt | $994M |
| Deferred Revenue NC | -$13M |
| Deferred Tax Liabilities | $13M |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $1.0B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $322M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$136M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $322M |
| Minority Interest | $0 |
| TOTAL EQUITY | $322M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.0B |
| Net Debt | $906M |
