| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.4B | $1.7B | 35.3% | 9.3% |
| Op. Income | $201M | $94M | $199M | 112.8% | 1.0% |
| Gross Margin | 38.7% | 36.5% | 38.5% | 2.2pp | 0.2pp |
| Net Margin | 8.5% | 6.0% | 5.7% | 2.5pp | 2.8pp |
| EPS (Diluted) | $0.96 | $0.50 | $0.57 | 92.9% | 70.4% |
| Free Cash Flow | $345M | $11M | $333M | 3013.1% | 3.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $710M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $509M |
| Other Expenses | $0 |
| Operating Expenses | $509M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $201M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $48M |
| EBIT | $201M |
| EBITDA | $248M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $710M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $509M |
| Other Expenses | $0 |
| Operating Expenses | $509M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $201M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $199M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $155M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $155M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $155M |
| D&A | $48M |
| EBIT | $201M |
| EBITDA | $248M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $155M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $185M |
| OPERATING CASH FLOW | $406M |
| Capital Expenditure | -$62M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $399.0K |
| NET CASH FROM INVESTING | -$61M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | -$75M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$531.0K |
| NET CASH FROM FINANCING | -$170M |
| FREE CASH FLOW | $345M |
| Net Change in Cash | $175M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $339M |
| Short-Term Investments | $0 |
| Net Receivables | $107M |
| Inventory | $1.1B |
| Other Current Assets | $22M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $930M |
| Goodwill | $85M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $44M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $527M |
| Short-Term Debt | $0 |
| Deferred Revenue | $290M |
| Other Current Liabilities | $73M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $283M |
| TOTAL NON-CURRENT LIABILITIES | $582M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $789.0K |
| Additional Paid-In Capital | $582M |
| Retained Earnings | $584M |
| Treasury Stock | -$235.0K |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $300M |
| Net Debt | -$39M |
