| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $716M | — | $681M | — | 5.1% |
| Op. Income | $114M | — | $59M | — | 93.8% |
| Gross Margin | 40.9% | — | 41.1% | — | -0.2pp |
| Net Margin | 10.3% | — | 3.8% | — | 6.4pp |
| EPS (Diluted) | $0.86 | — | $0.31 | — | 177.4% |
| Free Cash Flow | $78M | — | $74M | — | 5.2% |
| Item | Amount |
|---|---|
| REVENUE | $716M |
| Cost of Revenue | $423M |
| GROSS PROFIT | $293M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | -$53.0K |
| Operating Expenses | $179M |
| Cost & Expenses | $602M |
| OPERATING INCOME | $114M |
| Interest Income | $841.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $44M |
| EBIT | $114M |
| EBITDA | $159M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $716M |
| Cost of Revenue | $423M |
| GROSS PROFIT | $293M |
| R&D Expenses | $18M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | -$53.0K |
| Operating Expenses | $179M |
| Cost & Expenses | $602M |
| OPERATING INCOME | $114M |
| Interest Income | $841.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $44M |
| EBIT | $114M |
| EBITDA | $159M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $130M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $33.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | -$112M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$232.0K |
| NET CASH FROM FINANCING | -$160M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $0 |
| Net Receivables | $528M |
| Inventory | $206M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $990M |
| PP&E (Net) | $1.0B |
| Goodwill | $2.4B |
| Intangible Assets | $727M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $39M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $5.2B |
| Account Payables | $136M |
| Short-Term Debt | $0 |
| Deferred Revenue | $32M |
| Other Current Liabilities | $208M |
| TOTAL CURRENT LIABILITIES | $398M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $160M |
| Other Non-Current Liabilities | $109M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $12M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $11M |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
