| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $545M | $547M | $489M | -0.4% | 11.5% |
| Op. Income | $88M | $191M | $120M | -53.9% | -26.7% |
| Gross Margin | 35.8% | 36.2% | 37.8% | -0.4pp | -2.1pp |
| Net Margin | -1.8% | 19.2% | 14.7% | -21.0pp | -16.6pp |
| EPS (Diluted) | $-0.05 | $0.52 | $0.35 | -109.5% | -114.1% |
| Free Cash Flow | $6M | -$312M | $79M | 101.9% | -92.4% |
| Item | Amount |
|---|---|
| REVENUE | $545M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $464M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $94M |
| Net Income from Continuing Ops | -$10M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$10M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$10M |
| D&A | $11M |
| EBIT | $105M |
| EBITDA | $116M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$10M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $85M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | $20M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$60M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$19M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$86M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $115M |
| Short-Term Investments | $0 |
| Net Receivables | $418M |
| Inventory | $170M |
| Other Current Assets | $32M |
| TOTAL CURRENT ASSETS | $735M |
| PP&E (Net) | $384M |
| Goodwill | $360M |
| Intangible Assets | $33M |
| Long-Term Investments | $33M |
| Tax Assets | $196M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.8B |
| Account Payables | $141M |
| Short-Term Debt | $19M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $208M |
| TOTAL CURRENT LIABILITIES | $368M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $506M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$238M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$194M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$194M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
