| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $861M | $848M | $808M | 1.5% | 6.6% |
| Op. Income | $71M | $48M | $49M | 47.9% | 43.5% |
| Gross Margin | 18.9% | 17.5% | 17.6% | 1.5pp | 1.3pp |
| Net Margin | 6.3% | 7.8% | 3.6% | -1.5pp | 2.7pp |
| EPS (Diluted) | $0.75 | $0.92 | $0.41 | -18.5% | 82.9% |
| Free Cash Flow | -$548M | $85M | $65M | -742.7% | -937.5% |
| Item | Amount |
|---|---|
| REVENUE | $861M |
| Cost of Revenue | $698M |
| GROSS PROFIT | $163M |
| R&D Expenses | $13M |
| Selling & Marketing | $39M |
| General & Administrative | $31M |
| SG&A Expenses | $70M |
| Other Expenses | $719M |
| Operating Expenses | $92M |
| Cost & Expenses | $790M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $10M |
| EBIT | $73M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $861M |
| Cost of Revenue | $698M |
| GROSS PROFIT | $163M |
| R&D Expenses | $13M |
| Selling & Marketing | $39M |
| General & Administrative | $31M |
| SG&A Expenses | $70M |
| Other Expenses | $719M |
| Operating Expenses | $92M |
| Cost & Expenses | $790M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $10M |
| EBIT | $73M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$609M |
| OPERATING CASH FLOW | -$536M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | -$10M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | -$548M |
| Net Change in Cash | -$553M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $330M |
| Short-Term Investments | $0 |
| Net Receivables | $294M |
| Inventory | $754M |
| Other Current Assets | $740M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $74M |
| Goodwill | $0 |
| Intangible Assets | $314M |
| Long-Term Investments | $182M |
| Tax Assets | $71M |
| Other Non-Current Assets | -$13M |
| TOTAL NON-CURRENT ASSETS | $628M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $46M |
| Short-Term Debt | $43M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $370M |
| Deferred Revenue NC | $162M |
| Deferred Tax Liabilities | $71M |
| Other Non-Current Liabilities | $172M |
| TOTAL NON-CURRENT LIABILITIES | $613M |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $595M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$332M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $262M |
| Minority Interest | $0 |
| TOTAL EQUITY | $262M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $413M |
| Net Debt | $83M |
