| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $735M | $743M | $643M | -1.1% | 14.4% |
| Op. Income | $104M | $122M | $87M | -14.5% | 20.2% |
| Gross Margin | 37.9% | 39.6% | 36.0% | -1.8pp | 1.8pp |
| Net Margin | 9.6% | 11.0% | 9.3% | -1.4pp | 0.4pp |
| EPS (Diluted) | $0.90 | $1.05 | $0.75 | -14.0% | 19.4% |
| Free Cash Flow | $114M | $162M | $96M | -29.7% | 18.2% |
| Item | Amount |
|---|---|
| REVENUE | $735M |
| Cost of Revenue | $457M |
| GROSS PROFIT | $278M |
| R&D Expenses | $0 |
| Selling & Marketing | $90M |
| General & Administrative | $35M |
| SG&A Expenses | $126M |
| Other Expenses | $48M |
| Operating Expenses | $174M |
| Cost & Expenses | $631M |
| OPERATING INCOME | $104M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | -$17M |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $30M |
| EBIT | $103M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $735M |
| Cost of Revenue | $457M |
| GROSS PROFIT | $278M |
| R&D Expenses | $0 |
| Selling & Marketing | $90M |
| General & Administrative | $35M |
| SG&A Expenses | $126M |
| Other Expenses | $48M |
| Operating Expenses | $174M |
| Cost & Expenses | $631M |
| OPERATING INCOME | $104M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | -$17M |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $30M |
| EBIT | $103M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $28M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $57M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$310M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$361M |
| Net Debt Issuance | $183M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $162M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | -$58M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $97M |
| Short-Term Investments | -$19M |
| Net Receivables | $219M |
| Inventory | $346M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $653M |
| PP&E (Net) | $1.1B |
| Goodwill | $417M |
| Intangible Assets | $317M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $268M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $331M |
| Long-Term Debt | $373M |
| Deferred Revenue NC | $157M |
| Deferred Tax Liabilities | $132M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $673M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $323M |
| Additional Paid-In Capital | $400M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62M |
| Other Equity | -$400M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $373M |
| Net Debt | $276M |
