| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.0B | $935M | 7.9% | 16.8% |
| Op. Income | $162M | $125M | $91M | 29.6% | 78.0% |
| Gross Margin | 46.2% | 46.6% | 45.9% | -0.4pp | 0.4pp |
| Net Margin | 11.6% | 6.9% | -1.3% | 4.7pp | 12.9pp |
| EPS (Diluted) | $2.34 | $1.29 | $-0.23 | 81.4% | 1117.4% |
| Free Cash Flow | $179M | $135M | -$7M | 32.6% | 2657.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $587M |
| GROSS PROFIT | $505M |
| R&D Expenses | $113M |
| Selling & Marketing | $120M |
| General & Administrative | $75M |
| SG&A Expenses | $195M |
| Other Expenses | $35M |
| Operating Expenses | $343M |
| Cost & Expenses | $930M |
| OPERATING INCOME | $162M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $45M |
| EBIT | $161M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $587M |
| GROSS PROFIT | $505M |
| R&D Expenses | $113M |
| Selling & Marketing | $120M |
| General & Administrative | $75M |
| SG&A Expenses | $195M |
| Other Expenses | $35M |
| Operating Expenses | $343M |
| Cost & Expenses | $930M |
| OPERATING INCOME | $162M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $143M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $127M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $127M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $127M |
| D&A | $45M |
| EBIT | $161M |
| EBITDA | $206M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $127M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $194M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$72M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$72M |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | -$111M |
| Common Stock Repurchased | $2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$109M |
| FREE CASH FLOW | $179M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $612M |
| Inventory | $493M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $251M |
| Goodwill | $2.5B |
| Intangible Assets | $260M |
| Long-Term Investments | $17M |
| Tax Assets | $91M |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $498M |
| Short-Term Debt | $71M |
| Deferred Revenue | $199M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $161M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $92M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $282M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$614M |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.9B |
| Net Debt | $1.9B |