| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $977M | $1.0B | $865M | -4.8% | 12.9% |
| Op. Income | $144M | $133M | $40M | 8.3% | 260.0% |
| Gross Margin | 47.6% | 45.7% | 46.4% | 1.9pp | 1.2pp |
| Net Margin | 11.2% | 0.4% | 0.9% | 10.8pp | 10.2pp |
| EPS (Diluted) | $2.01 | $0.07 | $0.16 | 2771.4% | 1156.2% |
| Free Cash Flow | $98M | $254M | $104M | -61.4% | -5.8% |
| Item | Amount |
|---|---|
| REVENUE | $977M |
| Cost of Revenue | $512M |
| GROSS PROFIT | $465M |
| R&D Expenses | $101M |
| Selling & Marketing | $120M |
| General & Administrative | $71M |
| SG&A Expenses | $191M |
| Other Expenses | $29M |
| Operating Expenses | $321M |
| Cost & Expenses | $833M |
| OPERATING INCOME | $144M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $43M |
| EBIT | $144M |
| EBITDA | $187M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $977M |
| Cost of Revenue | $512M |
| GROSS PROFIT | $465M |
| R&D Expenses | $101M |
| Selling & Marketing | $120M |
| General & Administrative | $71M |
| SG&A Expenses | $191M |
| Other Expenses | $29M |
| Operating Expenses | $321M |
| Cost & Expenses | $833M |
| OPERATING INCOME | $144M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $133M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $109M |
| D&A | $43M |
| EBIT | $144M |
| EBITDA | $187M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $116M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$95M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $502M |
| Inventory | $448M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $262M |
| Goodwill | $2.5B |
| Intangible Assets | $276M |
| Long-Term Investments | $0 |
| Tax Assets | $115M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $411M |
| Short-Term Debt | $43M |
| Deferred Revenue | $201M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $932M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $144M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $266M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$616M |
| Accum. Other Comp. Income | -$46M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $981M |
| Minority Interest | $0 |
| TOTAL EQUITY | $981M |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $2.1B |
| Net Debt | $2.1B |
