| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.8B | $4.6B | $3.1B | 3.3% | 55.4% |
| Op. Income | $159M | $128M | $128M | 24.2% | 24.2% |
| Gross Margin | 6.1% | 5.8% | 9.2% | 0.3pp | -3.1pp |
| Net Margin | 2.4% | 1.5% | 4.5% | 0.9pp | -2.2pp |
| EPS (Diluted) | $1.12 | $0.59 | $1.08 | 89.8% | 3.7% |
| Free Cash Flow | -$12M | -$192M | $285M | 93.8% | -104.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $291M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $86M |
| Operating Expenses | $140M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $159M |
| Interest Income | $1M |
| Interest Expense | $36M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $19M |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $42M |
| EBIT | $159M |
| EBITDA | $201M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.8B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $291M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $86M |
| Operating Expenses | $140M |
| Cost & Expenses | $4.6B |
| OPERATING INCOME | $159M |
| Interest Income | $1M |
| Interest Expense | $36M |
| Other Income/Expenses | -$35M |
| INCOME BEFORE TAX | $124M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | -$2M |
| Other Adjustments | $0 |
| NET INCOME | $112M |
| Net Income Deductions | $19M |
| BOTTOM LINE NET INCOME | $93M |
| D&A | $42M |
| EBIT | $159M |
| EBITDA | $201M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$139M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | -$90M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $23M |
| NET CASH FROM INVESTING | -$97M |
| Net Debt Issuance | $173M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$87M |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | $75M |
| FREE CASH FLOW | -$12M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $761M |
| Inventory | $469M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.5B |
| Intangible Assets | $655M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $134M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $551M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $97M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $118M |
| Other Non-Current Liabilities | $225M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $945M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$553M |
| Other Equity | $945M |
| TOTAL STOCKHOLDERS' EQUITY | $945M |
| Minority Interest | $0 |
| TOTAL EQUITY | $945M |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $2.8B |
| Net Debt | $2.8B |
