| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $949M | $1.2B | $973M | -21.7% | -2.5% |
| Op. Income | $73M | $241M | $100M | -69.6% | -27.0% |
| Gross Margin | 23.3% | 33.0% | 24.0% | -9.7pp | -0.7pp |
| Net Margin | 5.9% | 15.1% | 7.9% | -9.2pp | -2.0pp |
| EPS (Diluted) | $0.48 | $1.55 | $0.64 | -69.0% | -25.0% |
| Free Cash Flow | -$107M | $373M | -$111M | -128.6% | 3.9% |
| Item | Amount |
|---|---|
| REVENUE | $949M |
| Cost of Revenue | $728M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $148M |
| SG&A Expenses | $148M |
| Other Expenses | $0 |
| Operating Expenses | $148M |
| Cost & Expenses | $876M |
| OPERATING INCOME | $73M |
| Interest Income | $1M |
| Interest Expense | $14M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $71M |
| EBIT | $78M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $949M |
| Cost of Revenue | $728M |
| GROSS PROFIT | $221M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $148M |
| SG&A Expenses | $148M |
| Other Expenses | $0 |
| Operating Expenses | $148M |
| Cost & Expenses | $876M |
| OPERATING INCOME | $73M |
| Interest Income | $1M |
| Interest Expense | $14M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $71M |
| EBIT | $78M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $49M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | -$222M |
| OPERATING CASH FLOW | -$86M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$48M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$18M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $298M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$55M |
| Other Financing Activities | $16M |
| NET CASH FROM FINANCING | $258M |
| FREE CASH FLOW | -$107M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $358M |
| Short-Term Investments | $0 |
| Net Receivables | $601M |
| Inventory | $0 |
| Other Current Assets | $136M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $414M |
| Goodwill | $1.5B |
| Intangible Assets | $547M |
| Long-Term Investments | $133M |
| Tax Assets | $473M |
| Other Non-Current Assets | $63M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $90M |
| Short-Term Debt | $399M |
| Deferred Revenue | $149M |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $155M |
| Deferred Tax Liabilities | $96M |
| Other Non-Current Liabilities | $201M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$80M |
| Other Equity | -$861M |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $2.0B |
| Net Debt | $1.7B |
