| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $356M | $329M | $341M | 8.4% | 4.4% |
| Op. Income | $55M | $50M | $55M | 10.2% | 0.3% |
| Gross Margin | 34.4% | 34.1% | 35.5% | 0.4pp | -1.1pp |
| Net Margin | 10.7% | 4.1% | 3.9% | 6.6pp | 6.9pp |
| EPS (Diluted) | $0.89 | $0.31 | $0.30 | 187.1% | 196.7% |
| Free Cash Flow | $7M | $46M | $27M | -84.3% | -73.8% |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $13M |
| EBIT | $55M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $356M |
| Cost of Revenue | $234M |
| GROSS PROFIT | $123M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $67M |
| Other Expenses | $0 |
| Operating Expenses | $67M |
| Cost & Expenses | $301M |
| OPERATING INCOME | $55M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $13M |
| EBIT | $55M |
| EBITDA | $68M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $70.0K |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | -$73M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $30M |
| Short-Term Investments | $0 |
| Net Receivables | $216M |
| Inventory | $468M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $762M |
| PP&E (Net) | $502M |
| Goodwill | $425M |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $96M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $691M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $18M |
| Other Non-Current Liabilities | $36M |
| TOTAL NON-CURRENT LIABILITIES | $745M |
| TOTAL LIABILITIES | $948M |
| Common Stock | $5M |
| Additional Paid-In Capital | $103M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$594M |
| Accum. Other Comp. Income | -$125M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $827M |
| Minority Interest | $0 |
| TOTAL EQUITY | $827M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $712M |
| Net Debt | $681M |
