| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $671M | $701M | $685M | -4.3% | -2.0% |
| Op. Income | $74M | $90M | $56M | -17.5% | 32.4% |
| Gross Margin | 35.1% | 36.7% | 33.2% | -1.5pp | 1.9pp |
| Net Margin | 7.2% | 8.1% | 5.9% | -0.9pp | 1.3pp |
| EPS (Diluted) | $0.73 | $0.85 | $0.62 | -14.1% | 17.7% |
| Free Cash Flow | $78M | $93M | $38M | -15.8% | 107.3% |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $436M |
| GROSS PROFIT | $236M |
| R&D Expenses | $83M |
| Selling & Marketing | $0 |
| General & Administrative | $108M |
| SG&A Expenses | $108M |
| Other Expenses | $1M |
| Operating Expenses | $158M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $74M |
| Interest Income | $436.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $50M |
| EBIT | $76M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $671M |
| Cost of Revenue | $436M |
| GROSS PROFIT | $236M |
| R&D Expenses | $83M |
| Selling & Marketing | $0 |
| General & Administrative | $108M |
| SG&A Expenses | $108M |
| Other Expenses | $1M |
| Operating Expenses | $158M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $74M |
| Interest Income | $436.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $50M |
| EBIT | $76M |
| EBITDA | $127M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | -$57M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $616.0K |
| NET CASH FROM INVESTING | -$112M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$23M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$51M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$24M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $242M |
| Short-Term Investments | $0 |
| Net Receivables | $558M |
| Inventory | $376M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.2B |
| Goodwill | $763M |
| Intangible Assets | $291M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $193M |
| Short-Term Debt | $110M |
| Deferred Revenue | $87M |
| Other Current Liabilities | $164M |
| TOTAL CURRENT LIABILITIES | $683M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $124M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $686.0K |
| Additional Paid-In Capital | $771M |
| Retained Earnings | $1.5B |
| Treasury Stock | -$381M |
| Accum. Other Comp. Income | -$342M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $336.0K |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.3B |
| Net Debt | $1.0B |
