- Revenue of $456.4 million and earnings per share of $0.13, in line with guidance
- $137.7 million in realized annualized synergies, remaining ahead of plan
- $56.5 million common stock repurchase, part of a $450 million repurchase program
- Dividend payment of $36.9 million ($0.11 per share, equal to a 4.5% annualized yield as of December 31, 2015)
Fellow shareholders:
Our revenue and earnings for the quarter are given below, compared with those of the prior quarter:
(In thousands, except per-share data)
|
|
|
NON-GAAP |
|
GAAP | |||||
|
|
|
Q4 2015 |
|
Q3 2015 |
|
Q4 2015 |
|
Q3 2015 | |
|
Revenue |
|
$456,378 |
|
$470,060 |
|
$450,128 |
|
$463,810 | |
|
|
|
|
|
|
|
|
|
| |
|
Gross margin |
|
39.8% |
|
41.2% |
|
32.1% |
|
34.6% | |
|
|
|
|
|
|
|
|
|
| |
|
Pretax margin |
|
10.6% |
|
13.2% |
|
(13.8%) |
|
6.9% | |
|
|
|
|
|
|
|
|
|
| |
|
Net income (loss) |
|
$45,528 |
|
$60,040 |
|
$(77,259) |
|
$30,312 | |
|
|
|
|
|
|
|
|
|
| |
|
Diluted EPS (loss) |
|
$0.13 |
|
$0.17 |
|
$(0.23) |
|
$0.08 | |
|
|
|
|
|
|
|
|
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| |
