| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | 1.3% | 3.4% |
| Op. Income | $152M | $143M | $99M | 6.1% | 53.0% |
| Gross Margin | 31.5% | 31.5% | 29.4% | 0.0pp | 2.2pp |
| Net Margin | 4.6% | 1.5% | -3.6% | 3.2pp | 8.2pp |
| EPS (Diluted) | $0.09 | $0.01 | $0.30 | 800.0% | -69.5% |
| Free Cash Flow | $75M | $185M | $65M | -59.5% | 16.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $480M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $329M |
| SG&A Expenses | $329M |
| Other Expenses | $0 |
| Operating Expenses | $329M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $152M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | -$21M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | -$136M |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $97M |
| EBIT | $148M |
| EBITDA | $245M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $480M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $329M |
| SG&A Expenses | $329M |
| Other Expenses | $0 |
| Operating Expenses | $329M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $152M |
| Interest Income | $0 |
| Interest Expense | $98M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | -$21M |
| Net Income from Continuing Ops | $71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $71M |
| Net Income Deductions | -$136M |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $97M |
| EBIT | $148M |
| EBITDA | $245M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $71M |
| Depreciation & Amortization | $97M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$39M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$66M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $700.0K |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$52M |
| Common Stock Repurchased | $1M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $700.0K |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $187M |
| Short-Term Investments | $0 |
| Net Receivables | $989M |
| Inventory | $711M |
| Other Current Assets | $135M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $557M |
| Goodwill | $2.8B |
| Intangible Assets | $4.2B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $205M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $9.8B |
| Account Payables | $560M |
| Short-Term Debt | $94M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $347M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $5.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $785M |
| Other Non-Current Liabilities | $428M |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$204M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$86M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $9.8B |
| Total Debt | $5.1B |
| Net Debt | $4.9B |
