| Metric | Q1 2017 | Q4 2016 | Q1 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $652M | $562M | $607M | 16.1% | 7.5% |
| Op. Income | $100M | $65M | $45M | 54.9% | 125.5% |
| Gross Margin | 37.8% | 36.3% | 30.5% | 1.4pp | 7.3pp |
| Net Margin | 10.3% | 7.1% | 3.9% | 3.2pp | 6.4pp |
| EPS (Diluted) | $0.86 | $0.50 | $0.29 | 71.0% | 202.6% |
| Free Cash Flow | -$56M | $46M | -$41M | -224.0% | -39.2% |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $406M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $88M |
| General & Administrative | $30M |
| SG&A Expenses | $118M |
| Other Expenses | $28M |
| Operating Expenses | $146M |
| Cost & Expenses | $552M |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | -$23M |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $28M |
| EBIT | $100M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $406M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $88M |
| General & Administrative | $30M |
| SG&A Expenses | $118M |
| Other Expenses | $28M |
| Operating Expenses | $146M |
| Cost & Expenses | $552M |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $5M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | -$23M |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $28M |
| EBIT | $100M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$138M |
| OPERATING CASH FLOW | -$26M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $548.5K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | $366.3K |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | -$56M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | -$16M |
| Net Receivables | $216M |
| Inventory | $408M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $680M |
| PP&E (Net) | $928M |
| Goodwill | $205M |
| Intangible Assets | $299M |
| Long-Term Investments | $0 |
| Tax Assets | $9M |
| Other Non-Current Assets | $11M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $218M |
| Short-Term Debt | $79M |
| Deferred Revenue | $38M |
| Other Current Liabilities | -$15M |
| TOTAL CURRENT LIABILITIES | $336M |
| Long-Term Debt | $224M |
| Deferred Revenue NC | $148M |
| Deferred Tax Liabilities | $116M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $500M |
| TOTAL LIABILITIES | $835M |
| Common Stock | $301M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $916M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $80M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $284M |
| Net Debt | $221M |
