| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $770M | $735M | $562M | 4.8% | 37.1% |
| Op. Income | $166M | $104M | $65M | 58.9% | 155.9% |
| Gross Margin | 41.2% | 37.9% | 36.3% | 3.3pp | 4.8pp |
| Net Margin | 15.2% | 9.6% | 7.1% | 5.6pp | 8.1pp |
| EPS (Diluted) | $1.49 | $0.90 | $0.50 | 65.9% | 195.7% |
| Free Cash Flow | $106M | $114M | $46M | -6.5% | 133.4% |
| Item | Amount |
|---|---|
| REVENUE | $770M |
| Cost of Revenue | $453M |
| GROSS PROFIT | $317M |
| R&D Expenses | $0 |
| Selling & Marketing | $94M |
| General & Administrative | $34M |
| SG&A Expenses | $129M |
| Other Expenses | $23M |
| Operating Expenses | $151M |
| Cost & Expenses | $605M |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $731.4K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $34M |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $33M |
| EBIT | $168M |
| EBITDA | $201M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $770M |
| Cost of Revenue | $453M |
| GROSS PROFIT | $317M |
| R&D Expenses | $0 |
| Selling & Marketing | $94M |
| General & Administrative | $34M |
| SG&A Expenses | $129M |
| Other Expenses | $23M |
| Operating Expenses | $151M |
| Cost & Expenses | $605M |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $731.4K |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $34M |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $151M |
| D&A | $33M |
| EBIT | $168M |
| EBITDA | $201M |
| EPS | $2 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $50M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $170M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $135.3K |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $106M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $189M |
| Short-Term Investments | -$39M |
| Net Receivables | $205M |
| Inventory | $390M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $751M |
| PP&E (Net) | $1.1B |
| Goodwill | $410M |
| Intangible Assets | $325M |
| Long-Term Investments | $30M |
| Tax Assets | $3M |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $142M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $245M |
| TOTAL CURRENT LIABILITIES | $339M |
| Long-Term Debt | $370M |
| Deferred Revenue NC | $190M |
| Deferred Tax Liabilities | $131M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $703M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $319M |
| Additional Paid-In Capital | $402M |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $63M |
| Other Equity | -$402M |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $370M |
| Net Debt | $181M |
