| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $996M | $975M | $998M | 2.1% | -0.2% |
| Op. Income | $102M | $111M | $130M | -8.0% | -21.6% |
| Gross Margin | 49.5% | 49.9% | 50.4% | -0.3pp | -0.8pp |
| Net Margin | 5.8% | 6.3% | 6.7% | -0.4pp | -0.8pp |
| EPS (Diluted) | $0.48 | $0.49 | $0.49 | -2.0% | -2.0% |
| Free Cash Flow | $79M | $59M | $47M | 33.7% | 69.2% |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $503M |
| GROSS PROFIT | $493M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $379M |
| SG&A Expenses | $379M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $882M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $27M |
| EBIT | $102M |
| EBITDA | $142M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $503M |
| GROSS PROFIT | $493M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $379M |
| SG&A Expenses | $379M |
| Other Expenses | $0 |
| Operating Expenses | $379M |
| Cost & Expenses | $882M |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $27M |
| EBIT | $102M |
| EBITDA | $142M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $991.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5.0K |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$19M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $205.0K |
| NET CASH FROM FINANCING | -$69M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $95M |
| Inventory | $951M |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $297M |
| Goodwill | $536M |
| Intangible Assets | $76M |
| Long-Term Investments | $8M |
| Tax Assets | -$8M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $931M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $310M |
| Short-Term Debt | $69M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $549M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $34M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$235M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$92M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$326M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$326M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
