| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.2B | $2.0B | -13.4% | -4.9% |
| Op. Income | $317M | $430M | $393M | -26.3% | -19.3% |
| Gross Margin | 30.1% | 31.6% | 32.1% | -1.5pp | -2.0pp |
| Net Margin | 13.0% | 14.8% | 13.7% | -1.8pp | -0.7pp |
| EPS (Diluted) | $0.20 | $0.26 | $0.22 | -23.1% | -9.1% |
| Free Cash Flow | $324M | $352M | $269M | -8.1% | 20.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $560M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $243M |
| Other Expenses | $0 |
| Operating Expenses | $243M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $317M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $243M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242M |
| D&A | $72M |
| EBIT | $318M |
| EBITDA | $390M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $560M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $243M |
| Other Expenses | $0 |
| Operating Expenses | $243M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $317M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $243M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $242M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $242M |
| D&A | $72M |
| EBIT | $318M |
| EBITDA | $390M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $243M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $40M |
| OPERATING CASH FLOW | $384M |
| Capital Expenditure | -$61M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $1.5B |
| Common Stock Repurchased | -$257M |
| Common Dividends Paid | -$74M |
| Other Financing Activities | $18M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | $324M |
| Net Change in Cash | $1.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.4B |
| Short-Term Investments | $11M |
| Net Receivables | $1.5B |
| Inventory | $1.3B |
| Other Current Assets | $268M |
| TOTAL CURRENT ASSETS | $5.5B |
| PP&E (Net) | $982M |
| Goodwill | $4.8B |
| Intangible Assets | $428M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $303M |
| TOTAL NON-CURRENT ASSETS | $6.6B |
| TOTAL ASSETS | $12.1B |
| Account Payables | $817M |
| Short-Term Debt | $501M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $572M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $4.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $271M |
| Other Non-Current Liabilities | $599M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$59M |
| Accum. Other Comp. Income | -$525M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.4B |
| Minority Interest | $60M |
| TOTAL EQUITY | $4.4B |
| TOTAL LIABILITIES & EQUITY | $12.1B |
| Total Debt | $5.1B |
| Net Debt | $2.7B |
