| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $594M | $577M | $547M | 2.9% | 8.6% |
| Op. Income | $105M | $102M | $191M | 2.9% | -45.0% |
| Gross Margin | 34.2% | 34.8% | 36.2% | -0.7pp | -2.0pp |
| Net Margin | 7.6% | 11.1% | 19.2% | -3.5pp | -11.6pp |
| EPS (Diluted) | $0.23 | $0.33 | $0.52 | -30.3% | -55.8% |
| Free Cash Flow | $97M | $52M | -$312M | 86.5% | 131.1% |
| Item | Amount |
|---|---|
| REVENUE | $594M |
| Cost of Revenue | $391M |
| GROSS PROFIT | $203M |
| R&D Expenses | $14M |
| Selling & Marketing | $63M |
| General & Administrative | $68M |
| SG&A Expenses | $131M |
| Other Expenses | -$30M |
| Operating Expenses | $102M |
| Cost & Expenses | $493M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $15M |
| EBIT | $75M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $594M |
| Cost of Revenue | $391M |
| GROSS PROFIT | $203M |
| R&D Expenses | $14M |
| Selling & Marketing | $63M |
| General & Administrative | $68M |
| SG&A Expenses | $131M |
| Other Expenses | -$30M |
| Operating Expenses | $102M |
| Cost & Expenses | $493M |
| OPERATING INCOME | $105M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $45M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $45M |
| D&A | $15M |
| EBIT | $75M |
| EBITDA | $90M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $74M |
| Other Non-Cash Items | $38M |
| Change in Working Capital | -$35M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$42M |
| Acquisitions (Net) | -$59M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | $65M |
| Common Stock Repurchased | -$105M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$54M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $409M |
| Inventory | $176M |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $725M |
| PP&E (Net) | $420M |
| Goodwill | $381M |
| Intangible Assets | $67M |
| Long-Term Investments | $31M |
| Tax Assets | $138M |
| Other Non-Current Assets | $92M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $178M |
| Short-Term Debt | $30M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $203M |
| TOTAL CURRENT LIABILITIES | $411M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $462M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $7M |
| Retained Earnings | -$399M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $32M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$358M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$358M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
