| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $701M | $743M | $666M | -5.6% | 5.3% |
| Op. Income | $90M | $110M | $61M | -17.9% | 47.7% |
| Gross Margin | 36.7% | 36.8% | 34.6% | -0.1pp | 2.0pp |
| Net Margin | 8.1% | 10.0% | 5.9% | -1.9pp | 2.2pp |
| EPS (Diluted) | $0.85 | $1.12 | $0.60 | -24.1% | 41.7% |
| Free Cash Flow | $93M | $70M | $1M | 32.9% | 7143.8% |
| Item | Amount |
|---|---|
| REVENUE | $701M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $257M |
| R&D Expenses | $112M |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | -$269.0K |
| Operating Expenses | $161M |
| Cost & Expenses | $605M |
| OPERATING INCOME | $90M |
| Interest Income | $957.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $49M |
| EBIT | $91M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $701M |
| Cost of Revenue | $444M |
| GROSS PROFIT | $257M |
| R&D Expenses | $112M |
| Selling & Marketing | $0 |
| General & Administrative | $112M |
| SG&A Expenses | $112M |
| Other Expenses | -$269.0K |
| Operating Expenses | $161M |
| Cost & Expenses | $605M |
| OPERATING INCOME | $90M |
| Interest Income | $957.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $82M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $49M |
| EBIT | $91M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $39M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $69.0K |
| Purchases of Investments | -$4M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $11M |
| NET CASH FROM FINANCING | -$114M |
| FREE CASH FLOW | $93M |
| Net Change in Cash | -$32M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $271M |
| Short-Term Investments | $0 |
| Net Receivables | $552M |
| Inventory | $383M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.1B |
| Goodwill | $722M |
| Intangible Assets | $260M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $35M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $0 |
| Short-Term Debt | $111M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $538M |
| TOTAL CURRENT LIABILITIES | $649M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $685.0K |
| Additional Paid-In Capital | $757M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$351M |
| Accum. Other Comp. Income | -$352M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $323.0K |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.2B |
| Net Debt | $971M |
