| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.3B | $1.1B | -12.3% | -1.1% |
| Op. Income | $104M | $132M | $66M | -21.3% | 58.1% |
| Gross Margin | 21.9% | 22.2% | 19.7% | -0.4pp | 2.1pp |
| Net Margin | 3.5% | 4.6% | 5.3% | -1.1pp | -1.8pp |
| EPS (Diluted) | $0.92 | $1.10 | $0.63 | -16.4% | 46.0% |
| Free Cash Flow | -$68M | $64M | $93M | -206.1% | -172.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $859M |
| GROSS PROFIT | $240M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | -$500.0K |
| Operating Expenses | $136M |
| Cost & Expenses | $995M |
| OPERATING INCOME | $104M |
| Interest Income | $2M |
| Interest Expense | $19M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | -$31M |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $14M |
| EBIT | $102M |
| EBITDA | $116M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $859M |
| GROSS PROFIT | $240M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $136M |
| Other Expenses | -$500.0K |
| Operating Expenses | $136M |
| Cost & Expenses | $995M |
| OPERATING INCOME | $104M |
| Interest Income | $2M |
| Interest Expense | $19M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | -$31M |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $14M |
| EBIT | $102M |
| EBITDA | $116M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | -$108M |
| OPERATING CASH FLOW | -$55M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | -$300.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $500.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | $39M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $26M |
| FREE CASH FLOW | -$68M |
| Net Change in Cash | -$48M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $0 |
| Net Receivables | $679M |
| Inventory | $1.1B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $331M |
| Goodwill | $268M |
| Intangible Assets | $12M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $439M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $652M |
| Short-Term Debt | $5M |
| Deferred Revenue | -$652M |
| Other Current Liabilities | $373M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $206M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.1B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$304M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $975M |
| Minority Interest | $600.0K |
| TOTAL EQUITY | $975M |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $1.1B |
| Net Debt | $807M |
