| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -1.9% | 0.6% |
| Op. Income | $143M | $119M | $132M | 20.2% | 8.3% |
| Gross Margin | 31.5% | 32.0% | 32.0% | -0.5pp | -0.5pp |
| Net Margin | 1.5% | -3.2% | 2.3% | 4.6pp | -0.8pp |
| EPS (Diluted) | $0.01 | $-0.98 | $-0.07 | 101.0% | 114.4% |
| Free Cash Flow | $185M | -$20M | $99M | 1028.6% | 86.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $474M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $331M |
| Other Expenses | $0 |
| Operating Expenses | $331M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $143M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $100M |
| EBIT | $136M |
| EBITDA | $236M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $474M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $331M |
| Other Expenses | $0 |
| Operating Expenses | $331M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $143M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$106M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $22M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $22M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $6M |
| D&A | $100M |
| EBIT | $136M |
| EBITDA | $236M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $22M |
| Depreciation & Amortization | $100M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $198M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$157M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$173M |
| FREE CASH FLOW | $185M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $174M |
| Short-Term Investments | $0 |
| Net Receivables | $983M |
| Inventory | $715M |
| Other Current Assets | $147M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $559M |
| Goodwill | $2.7B |
| Intangible Assets | $4.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $201M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $556M |
| Short-Term Debt | $41M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $346M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $5.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $833M |
| Other Non-Current Liabilities | $407M |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $7.4B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$274M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$128M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $5.1B |
| Net Debt | $5.0B |
