| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.0B | $4.3B | 7.7% | -0.3% |
| Op. Income | $254M | $206M | $373M | 23.4% | -31.9% |
| Gross Margin | 11.4% | 11.3% | 11.0% | 0.1pp | 0.4pp |
| Net Margin | 3.4% | 2.2% | 5.9% | 1.3pp | -2.5pp |
| EPS (Diluted) | $0.57 | $0.34 | $0.99 | 67.6% | -42.4% |
| Free Cash Flow | -$405M | $620M | -$322M | -165.3% | -25.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $485M |
| R&D Expenses | $0 |
| Selling & Marketing | $83M |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $148M |
| Operating Expenses | $231M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $254M |
| Interest Income | $0 |
| Interest Expense | $80M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $148M |
| EBIT | $254M |
| EBITDA | $402M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $485M |
| R&D Expenses | $0 |
| Selling & Marketing | $83M |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $148M |
| Operating Expenses | $231M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $254M |
| Interest Income | $0 |
| Interest Expense | $80M |
| Other Income/Expenses | -$80M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $29M |
| Net Income from Continuing Ops | $146M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $146M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $146M |
| D&A | $148M |
| EBIT | $254M |
| EBITDA | $402M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $146M |
| Depreciation & Amortization | $148M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $29M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | -$644M |
| OPERATING CASH FLOW | -$309M |
| Capital Expenditure | -$96M |
| Acquisitions (Net) | $8M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$87M |
| Net Debt Issuance | $20M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$27M |
| Other Financing Activities | $393M |
| NET CASH FROM FINANCING | $412M |
| FREE CASH FLOW | -$405M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $265M |
| Short-Term Investments | $0 |
| Net Receivables | $2.0B |
| Inventory | $398M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $2.7B |
| Goodwill | $5.5B |
| Intangible Assets | $2.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $11.4B |
| TOTAL ASSETS | $14.3B |
| Account Payables | $855M |
| Short-Term Debt | $83M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $3M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $1.2B |
| Treasury Stock | -$890M |
| Accum. Other Comp. Income | -$196M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $10M |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $14.3B |
| Total Debt | $7.6B |
| Net Debt | $7.3B |
