| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | 7.1% | 12.5% |
| Op. Income | $95M | $102M | $105M | -7.2% | -9.4% |
| Gross Margin | 7.5% | 8.7% | 9.3% | -1.2pp | -1.8pp |
| Net Margin | 5.4% | 5.8% | 5.7% | -0.4pp | -0.4pp |
| EPS (Diluted) | $2.69 | $2.71 | $2.56 | -0.7% | 5.1% |
| Free Cash Flow | $302M | $48M | $89M | 528.4% | 239.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $13M |
| 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 | $21M |
| EBIT | $95M |
| EBITDA | $116M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $95M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $13M |
| 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 | $21M |
| EBIT | $95M |
| EBITDA | $116M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $640.0K |
| Change in Working Capital | $227M |
| OPERATING CASH FLOW | $313M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$980M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0K |
| NET CASH FROM INVESTING | -$992M |
| Net Debt Issuance | $703M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$746.0K |
| NET CASH FROM FINANCING | $701M |
| FREE CASH FLOW | $302M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $890M |
| Inventory | -$227.0K |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $136M |
| Goodwill | $3.3B |
| Intangible Assets | $451M |
| Long-Term Investments | -$101M |
| Tax Assets | $204M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $137M |
| Short-Term Debt | $47M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $255M |
| TOTAL CURRENT LIABILITIES | $702M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $204M |
| Other Non-Current Liabilities | $184M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $570M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.3B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.3B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.8B |
| Net Debt | $1.7B |
