| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $705M | $904M | $883M | -22.0% | -20.1% |
| Op. Income | $43M | $72M | $71M | -39.8% | -38.9% |
| Gross Margin | 22.8% | 22.7% | 20.9% | 0.0pp | 1.8pp |
| Net Margin | 6.1% | 4.7% | 5.7% | 1.4pp | 0.4pp |
| EPS (Diluted) | $0.56 | $0.54 | $0.62 | 3.7% | -9.7% |
| Free Cash Flow | $78M | $108M | $42M | -27.6% | 83.9% |
| Item | Amount |
|---|---|
| REVENUE | $705M |
| Cost of Revenue | $545M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $600.0K |
| Operating Expenses | $117M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $20M |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $22M |
| EBIT | $44M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $705M |
| Cost of Revenue | $545M |
| GROSS PROFIT | $161M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | $600.0K |
| Operating Expenses | $117M |
| Cost & Expenses | $662M |
| OPERATING INCOME | $43M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $20M |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $22M |
| EBIT | $44M |
| EBITDA | $65M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$20M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $99M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $14M |
| Common Stock Repurchased | -$100.0K |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | $74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $200M |
| Short-Term Investments | $0 |
| Net Receivables | $369M |
| Inventory | $282M |
| Other Current Assets | $324M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $451M |
| Goodwill | $683M |
| Intangible Assets | $476M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $163M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $289M |
| Short-Term Debt | $39M |
| Deferred Revenue | $192M |
| Other Current Liabilities | $85M |
| TOTAL CURRENT LIABILITIES | $626M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $278M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $552M |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $591M |
| Minority Interest | $800.0K |
| TOTAL EQUITY | $592M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.5B |
| Net Debt | $1.3B |
