| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $422M | $438M | $408M | -3.7% | 3.5% |
| Op. Income | $87M | $113M | $90M | -23.3% | -3.1% |
| Gross Margin | 45.6% | 48.6% | 46.7% | -3.0pp | -1.1pp |
| Net Margin | 12.2% | 37.7% | 11.8% | -25.6pp | 0.3pp |
| EPS (Diluted) | $0.24 | $0.77 | $0.23 | -68.8% | 4.3% |
| Free Cash Flow | $59M | $155M | $47M | -62.1% | 24.5% |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $192M |
| R&D Expenses | $39M |
| Selling & Marketing | $31M |
| General & Administrative | $35M |
| SG&A Expenses | $67M |
| Other Expenses | $3M |
| Operating Expenses | $106M |
| Cost & Expenses | $335M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $50.0K |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $61M |
| EBIT | $87M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $230M |
| GROSS PROFIT | $192M |
| R&D Expenses | $39M |
| Selling & Marketing | $31M |
| General & Administrative | $35M |
| SG&A Expenses | $67M |
| Other Expenses | $3M |
| Operating Expenses | $106M |
| Cost & Expenses | $335M |
| OPERATING INCOME | $87M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $50.0K |
| NET INCOME | $51M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $51M |
| D&A | $61M |
| EBIT | $87M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $51M |
| Depreciation & Amortization | $61M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$46M |
| OPERATING CASH FLOW | $70M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$191.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$61M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $0 |
| Net Receivables | $276M |
| Inventory | $0 |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $386M |
| PP&E (Net) | $102M |
| Goodwill | $3.7B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $2M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $18M |
| Short-Term Debt | $37M |
| Deferred Revenue | $193M |
| Other Current Liabilities | $42M |
| TOTAL CURRENT LIABILITIES | $375M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $289M |
| Other Non-Current Liabilities | $121M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.1B |
| Retained Earnings | $851M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$77M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $2.0B |
| Net Debt | $1.9B |
