| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $975M | -4.3% | 9.1% |
| Op. Income | $41M | $66M | -$272M | -37.8% | 115.1% |
| Gross Margin | 18.7% | 19.7% | 15.2% | -1.0pp | 3.6pp |
| Net Margin | -2.5% | 5.3% | -27.4% | -7.8pp | 24.9pp |
| EPS (Diluted) | $-0.38 | $0.63 | $-2.96 | -160.3% | 87.2% |
| Free Cash Flow | $193M | $93M | $278M | 107.2% | -30.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $864M |
| GROSS PROFIT | $199M |
| R&D Expenses | $81M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | -$9M |
| Operating Expenses | $158M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $41M |
| Interest Income | $2M |
| Interest Expense | $16M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $25M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | -$32M |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | -$27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$32M |
| D&A | $18M |
| EBIT | $41M |
| EBITDA | $59M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$27M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $61M |
| Other Non-Cash Items | -$69M |
| Change in Working Capital | $218M |
| OPERATING CASH FLOW | $209M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$900.0K |
| Common Stock Repurchased | -$163M |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$172M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | $34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $627M |
| Short-Term Investments | $0 |
| Net Receivables | $580M |
| Inventory | $970M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $311M |
| Goodwill | $274M |
| Intangible Assets | $14M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $481M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $592M |
| Short-Term Debt | $5M |
| Deferred Revenue | -$592M |
| Other Current Liabilities | $278M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $980M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $222M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$240M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $500.0K |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $985M |
| Net Debt | $358M |
