| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | 3.9% | 2.1% |
| Op. Income | $46M | $189M | $49M | -75.8% | -6.4% |
| Gross Margin | 17.6% | 29.5% | 21.0% | -11.9pp | -3.4pp |
| Net Margin | 2.8% | 13.6% | 4.1% | -10.8pp | -1.2pp |
| EPS (Diluted) | $0.45 | $1.97 | $0.52 | -77.2% | -13.5% |
| Free Cash Flow | $258M | $41M | $174M | 527.8% | 48.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $156M |
| SG&A Expenses | $156M |
| Other Expenses | $36M |
| Operating Expenses | $192M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $16M |
| EBIT | $64M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $156M |
| SG&A Expenses | $156M |
| Other Expenses | $36M |
| Operating Expenses | $192M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $16M |
| EBIT | $64M |
| EBITDA | $79M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$21M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $209M |
| OPERATING CASH FLOW | $258M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.8B |
| Sales/Maturities of Investments | $2.7B |
| Other Investing Activities | -$23M |
| NET CASH FROM INVESTING | -$107M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$31.0K |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$31.0K |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $258M |
| Net Change in Cash | $114M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $764M |
| Short-Term Investments | $12.6B |
| Net Receivables | $7.4B |
| Inventory | $0 |
| Other Current Assets | -$22.0B |
| TOTAL CURRENT ASSETS | $18.4B |
| PP&E (Net) | $117M |
| Goodwill | $102M |
| Intangible Assets | $233M |
| Long-Term Investments | $13.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.6B |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $25.5B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.4B |
| TOTAL CURRENT LIABILITIES | $18.5B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $19.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | $176M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $25.5B |
| Total Debt | $1.5B |
| Net Debt | $740M |
