| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $896M | $1.0B | $814M | -13.2% | 10.1% |
| Op. Income | $18M | $22M | $20M | -19.7% | -10.2% |
| Gross Margin | 11.6% | 10.9% | 11.4% | 0.7pp | 0.2pp |
| Net Margin | 1.2% | 0.8% | 1.5% | 0.4pp | -0.3pp |
| EPS (Diluted) | $0.42 | $0.31 | $0.49 | 35.5% | -14.3% |
| Free Cash Flow | $79M | -$49M | $42M | 262.0% | 89.8% |
| Item | Amount |
|---|---|
| REVENUE | $896M |
| Cost of Revenue | $792M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $241.0K |
| Operating Expenses | $81M |
| Cost & Expenses | $873M |
| OPERATING INCOME | $18M |
| Interest Income | $887.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $9M |
| EBIT | $19M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $896M |
| Cost of Revenue | $792M |
| GROSS PROFIT | $104M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $73M |
| Other Expenses | $241.0K |
| Operating Expenses | $81M |
| Cost & Expenses | $873M |
| OPERATING INCOME | $18M |
| Interest Income | $887.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $11M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $11M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $11M |
| D&A | $9M |
| EBIT | $19M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $11M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $81M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$2M |
| Net Debt Issuance | -$79M |
| Common Stock Repurchased | -$6.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | $79M |
| Net Change in Cash | -$74.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $664M |
| Inventory | $570M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $75M |
| Goodwill | $303M |
| Intangible Assets | $144M |
| Long-Term Investments | $1M |
| Tax Assets | $13M |
| Other Non-Current Assets | $51M |
| TOTAL NON-CURRENT ASSETS | $587M |
| TOTAL ASSETS | $1.9B |
| Account Payables | $497M |
| Short-Term Debt | $471.0K |
| Deferred Revenue | $104M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $641M |
| Long-Term Debt | $282M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $11M |
| Other Non-Current Liabilities | $116M |
| TOTAL NON-CURRENT LIABILITIES | $409M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $67M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $872M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $878M |
| Minority Interest | $0 |
| TOTAL EQUITY | $878M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $282M |
| Net Debt | $247M |
