| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.2B | -0.8% | 16.9% |
| Op. Income | $100M | $81M | $100M | 23.5% | 0.6% |
| Gross Margin | 35.5% | 5.9% | 8.5% | 29.6pp | 27.0pp |
| Net Margin | 5.0% | 3.6% | 6.8% | 1.3pp | -1.8pp |
| EPS (Diluted) | $2.66 | $1.96 | $3.10 | 35.7% | -14.2% |
| Free Cash Flow | $81M | $84M | $74M | -4.1% | 9.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $879M |
| GROSS PROFIT | $485M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $384M |
| Operating Expenses | $384M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $27M |
| EBIT | $100M |
| EBITDA | $127M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $879M |
| GROSS PROFIT | $485M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $384M |
| Operating Expenses | $384M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $83M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $27M |
| EBIT | $100M |
| EBITDA | $127M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | -$22M |
| OPERATING CASH FLOW | $103M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | -$67M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $81M |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $848M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $157M |
| Goodwill | $3.3B |
| Intangible Assets | $422M |
| Long-Term Investments | -$209M |
| Tax Assets | $209M |
| Other Non-Current Assets | $480M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $93M |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $299M |
| TOTAL CURRENT LIABILITIES | $774M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $209M |
| Other Non-Current Liabilities | $154M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $572M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$53M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
