| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $604M | $633M | $454M | -4.6% | 33.1% |
| Op. Income | $228M | $236M | $94M | -3.2% | 141.9% |
| Gross Margin | 47.1% | 42.1% | 30.5% | 5.0pp | 16.6pp |
| Net Margin | 27.1% | 11.4% | 20.0% | 15.7pp | 7.1pp |
| EPS (Diluted) | $0.15 | $0.06 | $0.08 | 138.7% | 80.5% |
| Free Cash Flow | $112M | $74M | $30M | 51.2% | 278.7% |
| Item | Amount |
|---|---|
| REVENUE | $604M |
| Cost of Revenue | $320M |
| GROSS PROFIT | $285M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $34M |
| SG&A Expenses | $52M |
| Other Expenses | $2M |
| Operating Expenses | $54M |
| Cost & Expenses | $374M |
| OPERATING INCOME | $228M |
| Interest Income | $7M |
| Interest Expense | $40M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $78M |
| EBIT | $244M |
| EBITDA | $308M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $604M |
| Cost of Revenue | $320M |
| GROSS PROFIT | $285M |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $34M |
| SG&A Expenses | $52M |
| Other Expenses | $2M |
| Operating Expenses | $54M |
| Cost & Expenses | $374M |
| OPERATING INCOME | $228M |
| Interest Income | $7M |
| Interest Expense | $40M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $197M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $164M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $78M |
| EBIT | $244M |
| EBITDA | $308M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $164M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $34M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $183M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | -$62M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $61M |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $69M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $73M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $186M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $403M |
| Short-Term Investments | $280M |
| Net Receivables | $546M |
| Inventory | $266M |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $3.3B |
| Goodwill | $48M |
| Intangible Assets | $27M |
| Long-Term Investments | $1M |
| Tax Assets | $527.4K |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $6.1B |
| Account Payables | $139M |
| Short-Term Debt | $288M |
| Deferred Revenue | $19M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $619M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $271M |
| Deferred Tax Liabilities | $374M |
| Other Non-Current Liabilities | $24M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $167M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | $667M |
| Other Equity | $463M |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $2M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $6.1B |
| Total Debt | $2.5B |
| Net Debt | $2.1B |
