| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.0B | $4.1B | $3.6B | -2.9% | 9.7% |
| Op. Income | $229M | $243M | $204M | -5.8% | 12.2% |
| Gross Margin | 17.0% | 17.0% | 16.7% | -0.0pp | 0.2pp |
| Net Margin | 3.9% | 3.9% | 3.5% | -0.0pp | 0.3pp |
| EPS (Diluted) | $1.02 | $1.05 | $0.82 | -2.9% | 24.4% |
| Free Cash Flow | $233M | $271M | $206M | -14.0% | 12.9% |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $672M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $404M |
| SG&A Expenses | $443M |
| Other Expenses | $0 |
| Operating Expenses | $443M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $229M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $64M |
| EBIT | $230M |
| EBITDA | $294M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.0B |
| Cost of Revenue | $3.3B |
| GROSS PROFIT | $672M |
| R&D Expenses | $0 |
| Selling & Marketing | $39M |
| General & Administrative | $404M |
| SG&A Expenses | $443M |
| Other Expenses | $0 |
| Operating Expenses | $443M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $229M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$37M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $64M |
| EBIT | $230M |
| EBITDA | $294M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $64M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $252M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$69M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$88M |
| Net Debt Issuance | $140M |
| Common Stock Repurchased | -$177M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $233M |
| Net Change in Cash | $85M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $285M |
| Short-Term Investments | $0 |
| Net Receivables | $3.1B |
| Inventory | $591M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $287M |
| Goodwill | $2.5B |
| Intangible Assets | $696M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $1.7B |
| Short-Term Debt | $26M |
| Deferred Revenue | $192M |
| Other Current Liabilities | $525M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $3.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $133M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$128M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $927M |
| Minority Interest | $0 |
| TOTAL EQUITY | $927M |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $3.4B |
| Net Debt | $3.1B |
