| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $607M | $443M | -22.5% | 6.2% |
| Op. Income | $42M | $91M | $49M | -53.3% | -13.5% |
| Gross Margin | 26.2% | 28.3% | 26.1% | -2.1pp | 0.1pp |
| Net Margin | 3.9% | 10.3% | 10.5% | -6.4pp | -6.6pp |
| EPS (Diluted) | $0.29 | $0.98 | $0.73 | -70.4% | -60.3% |
| Free Cash Flow | -$31M | $96M | $31M | -132.1% | -199.0% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $347M |
| GROSS PROFIT | $123M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $428M |
| OPERATING INCOME | $42M |
| Interest Income | $363.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $21M |
| EBIT | $42M |
| EBITDA | $63M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $347M |
| GROSS PROFIT | $123M |
| R&D Expenses | $35M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $80M |
| Cost & Expenses | $428M |
| OPERATING INCOME | $42M |
| Interest Income | $363.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $18M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $18M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $18M |
| D&A | $21M |
| EBIT | $42M |
| EBITDA | $63M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $18M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $336.0K |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $132.0K |
| Purchases of Investments | -$791.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $34M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $27M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $86M |
| Short-Term Investments | $0 |
| Net Receivables | $350M |
| Inventory | $504M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $979M |
| PP&E (Net) | $930M |
| Goodwill | $557M |
| Intangible Assets | $166M |
| Long-Term Investments | $7M |
| Tax Assets | $20M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $182M |
| Short-Term Debt | $66M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $353M |
| Long-Term Debt | $583M |
| Deferred Revenue NC | $236M |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $130M |
| TOTAL NON-CURRENT LIABILITIES | $972M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $176M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$567M |
| Accum. Other Comp. Income | -$48M |
| Other Equity | $8M |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $650M |
| Net Debt | $564M |
