| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $974M | $998M | $976M | -2.4% | -0.2% |
| Op. Income | $112M | $130M | $111M | -14.3% | 0.9% |
| Gross Margin | 49.5% | 50.4% | 49.5% | -0.8pp | 0.0pp |
| Net Margin | 3.7% | 6.7% | 5.4% | -3.0pp | -1.7pp |
| EPS (Diluted) | $0.27 | $0.49 | $0.37 | -44.9% | -27.0% |
| Free Cash Flow | $98M | $47M | $62M | 109.6% | 58.4% |
| Item | Amount |
|---|---|
| REVENUE | $974M |
| Cost of Revenue | $492M |
| GROSS PROFIT | $482M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $161M |
| SG&A Expenses | $243M |
| Other Expenses | $28M |
| Operating Expenses | $362M |
| Cost & Expenses | $854M |
| OPERATING INCOME | $112M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $28M |
| EBIT | $112M |
| EBITDA | $155M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $974M |
| Cost of Revenue | $492M |
| GROSS PROFIT | $482M |
| R&D Expenses | $0 |
| Selling & Marketing | $82M |
| General & Administrative | $161M |
| SG&A Expenses | $243M |
| Other Expenses | $28M |
| Operating Expenses | $362M |
| Cost & Expenses | $854M |
| OPERATING INCOME | $112M |
| Interest Income | $0 |
| Interest Expense | $52M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $36M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $36M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $36M |
| D&A | $28M |
| EBIT | $112M |
| EBITDA | $155M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $36M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $121M |
| 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 | -$29M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$456.0K |
| NET CASH FROM FINANCING | -$89M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $92M |
| Inventory | $931M |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $314M |
| Goodwill | $538M |
| Intangible Assets | $80M |
| Long-Term Investments | $5M |
| Tax Assets | -$5M |
| Other Non-Current Assets | $21M |
| TOTAL NON-CURRENT ASSETS | $953M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $308M |
| Short-Term Debt | $96M |
| Deferred Revenue | $21M |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $575M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $120M |
| Other Non-Current Liabilities | $140M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$283M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$82M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$364M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$364M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
