| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $973M | $1.3B | $925M | -26.3% | 5.2% |
| Op. Income | $100M | $265M | $84M | -62.3% | 18.6% |
| Gross Margin | 24.0% | 34.1% | 21.4% | -10.1pp | 2.6pp |
| Net Margin | 7.9% | 15.7% | 5.4% | -7.8pp | 2.5pp |
| EPS (Diluted) | $0.64 | $1.72 | $0.42 | -62.8% | 52.4% |
| Free Cash Flow | -$111M | $392M | -$129M | -128.3% | 14.2% |
| Item | Amount |
|---|---|
| REVENUE | $973M |
| Cost of Revenue | $739M |
| GROSS PROFIT | $234M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $134M |
| SG&A Expenses | $134M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $873M |
| OPERATING INCOME | $100M |
| Interest Income | $600.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $65M |
| EBIT | $100M |
| EBITDA | $165M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $973M |
| Cost of Revenue | $739M |
| GROSS PROFIT | $234M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $134M |
| SG&A Expenses | $134M |
| Other Expenses | $0 |
| Operating Expenses | $134M |
| Cost & Expenses | $873M |
| OPERATING INCOME | $100M |
| Interest Income | $600.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $65M |
| EBIT | $100M |
| EBITDA | $165M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$241M |
| OPERATING CASH FLOW | -$96M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$800.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $54M |
| FREE CASH FLOW | -$111M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $205M |
| Short-Term Investments | $0 |
| Net Receivables | $650M |
| Inventory | $0 |
| Other Current Assets | $113M |
| TOTAL CURRENT ASSETS | $968M |
| PP&E (Net) | $193M |
| Goodwill | $1.3B |
| Intangible Assets | $471M |
| Long-Term Investments | $89M |
| Tax Assets | $340M |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $128M |
| Short-Term Debt | $0 |
| Deferred Revenue | $138M |
| Other Current Liabilities | -$100.0K |
| TOTAL CURRENT LIABILITIES | $573M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $139M |
| Deferred Tax Liabilities | $84M |
| Other Non-Current Liabilities | $208M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.6B |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.1B |
| Net Debt | $939M |
