| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.7B | $1.1B | -28.4% | 8.2% |
| Op. Income | $67M | $199M | $62M | -66.5% | 6.5% |
| Gross Margin | 35.9% | 38.5% | 35.6% | -2.5pp | 0.3pp |
| Net Margin | 3.8% | 5.7% | 3.6% | -1.9pp | 0.2pp |
| EPS (Diluted) | $0.27 | $0.57 | $0.23 | -52.5% | 19.0% |
| Free Cash Flow | -$23M | $333M | -$79M | -107.0% | 70.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $771M |
| GROSS PROFIT | $432M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $366M |
| Other Expenses | $0 |
| Operating Expenses | $366M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $20M |
| 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 | $48M |
| EBIT | $67M |
| EBITDA | $114M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $771M |
| GROSS PROFIT | $432M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $366M |
| Other Expenses | $0 |
| Operating Expenses | $366M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $1M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $20M |
| 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 | $48M |
| EBIT | $67M |
| EBITDA | $114M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $45M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$120.0K |
| Change in Working Capital | -$92M |
| OPERATING CASH FLOW | $11M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $120.0K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | -$23M |
| Net Change in Cash | -$100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $290M |
| Short-Term Investments | $0 |
| Net Receivables | $103M |
| Inventory | $1.1B |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $926M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $59M |
| Other Non-Current Assets | $149M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $393M |
| Short-Term Debt | $0 |
| Deferred Revenue | $257M |
| Other Current Liabilities | $61M |
| TOTAL CURRENT LIABILITIES | $883M |
| Long-Term Debt | $299M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $277M |
| TOTAL NON-CURRENT LIABILITIES | $577M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $833.0K |
| Additional Paid-In Capital | $565M |
| Retained Earnings | $639M |
| Treasury Stock | -$303.0K |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $299M |
| Net Debt | $9M |
