| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.2B | 8.6% | 17.4% |
| Op. Income | $81M | $95M | $80M | -14.6% | 0.9% |
| Gross Margin | 5.9% | 7.5% | 6.9% | -1.6pp | -1.0pp |
| Net Margin | 3.6% | 5.4% | 4.4% | -1.7pp | -0.8pp |
| EPS (Diluted) | $1.96 | $2.69 | $2.05 | -27.1% | -4.4% |
| Free Cash Flow | $84M | $302M | $61M | -72.1% | 38.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$12M |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $27M |
| EBIT | $81M |
| EBITDA | $108M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$12M |
| SG&A Expenses | $0 |
| Other Expenses | $0 |
| Operating Expenses | $0 |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $81M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $27M |
| EBIT | $81M |
| EBITDA | $108M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $184.0K |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$12M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $854.0K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$95M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $870M |
| Inventory | $47M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $150M |
| Goodwill | $3.3B |
| Intangible Assets | $436M |
| Long-Term Investments | $2M |
| Tax Assets | $205M |
| Other Non-Current Assets | -$74M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $119M |
| Short-Term Debt | $47M |
| Deferred Revenue | $56M |
| Other Current Liabilities | $180M |
| TOTAL CURRENT LIABILITIES | $692M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $205M |
| Other Non-Current Liabilities | $193M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $576M |
| Retained Earnings | $2.4B |
| Treasury Stock | -$576M |
| Accum. Other Comp. Income | -$43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $135.0K |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.7B |
| Net Debt | $1.6B |
