| Metric | Q3 2017 | Q2 2017 | Q3 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $425M | $436M | $464M | -2.5% | -8.4% |
| Op. Income | $27M | $39M | $55M | -31.2% | -51.5% |
| Gross Margin | 14.3% | 15.5% | 18.0% | -1.2pp | -3.6pp |
| Net Margin | 4.5% | 5.3% | 7.2% | -0.8pp | -2.7pp |
| EPS (Diluted) | $0.30 | $0.36 | $0.51 | -16.7% | -41.2% |
| Free Cash Flow | -$19M | $5M | $23M | -450.1% | -182.0% |
| Item | Amount |
|---|---|
| REVENUE | $425M |
| Cost of Revenue | $364M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $16M |
| SG&A Expenses | $22M |
| Other Expenses | $6M |
| Operating Expenses | $26M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $33M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $425M |
| Cost of Revenue | $364M |
| GROSS PROFIT | $61M |
| R&D Expenses | $0 |
| Selling & Marketing | $5M |
| General & Administrative | $16M |
| SG&A Expenses | $22M |
| Other Expenses | $6M |
| Operating Expenses | $26M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $27M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $30M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $8M |
| EBIT | $33M |
| EBITDA | $44M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $14.0K |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$323M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$310M |
| NET CASH FROM INVESTING | -$314M |
| Net Debt Issuance | $317M |
| Common Stock Repurchased | -$4M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | $303M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $154M |
| Short-Term Investments | $0 |
| Net Receivables | $153M |
| Inventory | $246M |
| Other Current Assets | $33M |
| TOTAL CURRENT ASSETS | $585M |
| PP&E (Net) | $196M |
| Goodwill | $314M |
| Intangible Assets | $240M |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $794M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $130M |
| Short-Term Debt | $46M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $289M |
| Long-Term Debt | $505M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $67M |
| Other Non-Current Liabilities | $30M |
| TOTAL NON-CURRENT LIABILITIES | $602M |
| TOTAL LIABILITIES | $891M |
| Common Stock | $737.0K |
| Additional Paid-In Capital | $652M |
| Retained Earnings | $54M |
| Treasury Stock | -$217M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $488M |
| Minority Interest | $0 |
| TOTAL EQUITY | $488M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $552M |
| Net Debt | $398M |
