| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $343M | $363M | $354M | -5.6% | -3.1% |
| Op. Income | $50M | $52M | $58M | -3.1% | -13.4% |
| Gross Margin | 33.7% | 33.4% | 35.6% | 0.3pp | -1.9pp |
| Net Margin | 13.8% | 10.8% | 9.1% | 3.0pp | 4.7pp |
| EPS (Diluted) | $1.12 | $0.92 | $0.73 | 21.7% | 53.4% |
| Free Cash Flow | $27M | -$59M | $35M | 145.4% | -23.3% |
| Item | Amount |
|---|---|
| REVENUE | $343M |
| Cost of Revenue | $227M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $292M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $13M |
| EBIT | $50M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $343M |
| Cost of Revenue | $227M |
| GROSS PROFIT | $116M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $65M |
| Other Expenses | $0 |
| Operating Expenses | $65M |
| Cost & Expenses | $292M |
| OPERATING INCOME | $50M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $13M |
| EBIT | $50M |
| EBITDA | $63M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | -$242.0K |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $52.0K |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $37M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$135.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $2.0K |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $271M |
| Inventory | $485M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $835M |
| PP&E (Net) | $492M |
| Goodwill | $423M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $97M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $194M |
| Long-Term Debt | $746M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $25M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $801M |
| TOTAL LIABILITIES | $995M |
| Common Stock | $5M |
| Additional Paid-In Capital | $103M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$598M |
| Accum. Other Comp. Income | -$161M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $846M |
| Minority Interest | $0 |
| TOTAL EQUITY | $846M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $766M |
| Net Debt | $729M |
