| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | $641M | $956M | -5.0% | -36.3% |
| Op. Income | $86M | $43M | $27M | 100.0% | 218.5% |
| Gross Margin | 34.5% | 32.3% | 29.4% | 2.2pp | 5.1pp |
| Net Margin | 67.5% | 10.3% | 1.0% | 57.2pp | 66.4pp |
| EPS (Diluted) | $6.71 | $1.06 | $0.15 | 533.0% | 4373.3% |
| Free Cash Flow | $97M | $95M | $119M | 2.1% | -18.5% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $399M |
| GROSS PROFIT | $210M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | -$1M |
| Operating Expenses | $124M |
| Cost & Expenses | $523M |
| OPERATING INCOME | $86M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $447M |
| Other Adjustments | -$63M |
| NET INCOME | $411M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $411M |
| D&A | $64M |
| EBIT | $82M |
| EBITDA | $146M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $399M |
| GROSS PROFIT | $210M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $110M |
| SG&A Expenses | $110M |
| Other Expenses | -$1M |
| Operating Expenses | $124M |
| Cost & Expenses | $523M |
| OPERATING INCOME | $86M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $447M |
| Other Adjustments | -$63M |
| NET INCOME | $411M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $411M |
| D&A | $64M |
| EBIT | $82M |
| EBITDA | $146M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $411M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | -$350M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$192M |
| Sales/Maturities of Investments | $195M |
| Other Investing Activities | $959M |
| NET CASH FROM INVESTING | $918M |
| Net Debt Issuance | -$948M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$966M |
| FREE CASH FLOW | $97M |
| Net Change in Cash | $100M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $232M |
| Short-Term Investments | $0 |
| Net Receivables | $481M |
| Inventory | $597M |
| Other Current Assets | $123M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $1.6B |
| Goodwill | $2.3B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $6M |
| Tax Assets | $23M |
| Other Non-Current Assets | $871M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $313M |
| Short-Term Debt | $166M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $101M |
| TOTAL CURRENT LIABILITIES | $757M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $264M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $1M |
| Additional Paid-In Capital | $756M |
| Retained Earnings | $3.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$410M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
