| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $966M | $996M | $974M | -3.0% | -0.8% |
| Op. Income | $103M | $102M | $112M | 0.9% | -7.7% |
| Gross Margin | 49.5% | 49.5% | 49.5% | -0.0pp | -0.0pp |
| Net Margin | 5.7% | 5.8% | 3.7% | -0.1pp | 2.0pp |
| EPS (Diluted) | $0.46 | $0.48 | $0.27 | -4.2% | 70.4% |
| Free Cash Flow | $66M | $79M | $98M | -15.9% | -32.2% |
| Item | Amount |
|---|---|
| REVENUE | $966M |
| Cost of Revenue | $488M |
| GROSS PROFIT | $478M |
| R&D Expenses | $0 |
| Selling & Marketing | $83M |
| General & Administrative | $170M |
| SG&A Expenses | $254M |
| Other Expenses | $0 |
| Operating Expenses | $366M |
| Cost & Expenses | $854M |
| OPERATING INCOME | $103M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $27M |
| EBIT | $103M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $966M |
| Cost of Revenue | $488M |
| GROSS PROFIT | $478M |
| R&D Expenses | $0 |
| Selling & Marketing | $83M |
| General & Administrative | $170M |
| SG&A Expenses | $254M |
| Other Expenses | $0 |
| Operating Expenses | $366M |
| Cost & Expenses | $854M |
| OPERATING INCOME | $103M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $27M |
| EBIT | $103M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $97.0K |
| OPERATING CASH FLOW | $91M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $369.0K |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $33.0K |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | $440.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $77M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | $944M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $308M |
| Goodwill | $536M |
| Intangible Assets | $73M |
| Long-Term Investments | $8M |
| Tax Assets | -$8M |
| Other Non-Current Assets | $25M |
| TOTAL NON-CURRENT ASSETS | $942M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $303M |
| Short-Term Debt | $6M |
| Deferred Revenue | $18M |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $491M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$180M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$269M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$269M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
