| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $644M | $435M | $614M | 48.1% | 5.0% |
| Op. Income | $78M | $42M | -$157M | 83.9% | 149.5% |
| Gross Margin | 52.2% | 48.5% | 51.2% | 3.6pp | 1.0pp |
| Net Margin | 9.5% | 2.2% | 11.4% | 7.3pp | -1.9pp |
| EPS (Diluted) | $0.33 | $0.05 | $0.38 | 538.2% | -12.4% |
| Free Cash Flow | $84M | $25M | $89M | 240.1% | -5.1% |
| Item | Amount |
|---|---|
| REVENUE | $644M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $116M |
| General & Administrative | $49M |
| SG&A Expenses | $165M |
| Other Expenses | -$2M |
| Operating Expenses | $233M |
| Cost & Expenses | $542M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1K |
| NET INCOME | $61M |
| Net Income Deductions | -$504 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $22M |
| EBIT | $83M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $644M |
| Cost of Revenue | $308M |
| GROSS PROFIT | $336M |
| R&D Expenses | $0 |
| Selling & Marketing | $116M |
| General & Administrative | $49M |
| SG&A Expenses | $165M |
| Other Expenses | -$2M |
| Operating Expenses | $233M |
| Cost & Expenses | $542M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.1K |
| NET INCOME | $61M |
| Net Income Deductions | -$504 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $22M |
| EBIT | $83M |
| EBITDA | $100M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $43M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | $51M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $291.1K |
| Short-Term Investments | $14.6K |
| Net Receivables | $460.9K |
| Inventory | $369.8K |
| Other Current Assets | $1.3K |
| TOTAL CURRENT ASSETS | $1M |
| PP&E (Net) | $2M |
| Goodwill | $185.2K |
| Intangible Assets | $186.2K |
| Long-Term Investments | $226.0K |
| Tax Assets | $80.8K |
| Other Non-Current Assets | $13.9K |
| TOTAL NON-CURRENT ASSETS | $2M |
| TOTAL ASSETS | $3M |
| Account Payables | $368.6K |
| Short-Term Debt | $84.8K |
| Deferred Revenue | $1.9K |
| Other Current Liabilities | $192.1K |
| TOTAL CURRENT LIABILITIES | $716.5K |
| Long-Term Debt | $346.3K |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $195.1K |
| Other Non-Current Liabilities | $50.6K |
| TOTAL NON-CURRENT LIABILITIES | $633.8K |
| TOTAL LIABILITIES | $1M |
| Common Stock | $834.2K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$203.9K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2M |
| Minority Interest | $170.3K |
| TOTAL EQUITY | $2M |
| TOTAL LIABILITIES & EQUITY | $3M |
| Total Debt | $472.9K |
| Net Debt | $181.8K |
