| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.5B | $4.0B | -3.3% | 10.9% |
| Op. Income | $246M | $284M | $229M | -13.4% | 7.4% |
| Gross Margin | 17.2% | 17.1% | 17.0% | 0.1pp | 0.3pp |
| Net Margin | 3.8% | 4.1% | 3.9% | -0.3pp | -0.0pp |
| EPS (Diluted) | $1.16 | $1.27 | $1.02 | -8.7% | 13.7% |
| Free Cash Flow | $198M | $184M | $233M | 7.6% | -15.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $757M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $511M |
| Other Expenses | $0 |
| Operating Expenses | $511M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $91M |
| EBIT | $250M |
| EBITDA | $341M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $757M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $511M |
| Other Expenses | $0 |
| Operating Expenses | $511M |
| Cost & Expenses | $4.1B |
| OPERATING INCOME | $246M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $212M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $168M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $168M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $168M |
| D&A | $91M |
| EBIT | $250M |
| EBITDA | $341M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $168M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $31M |
| Change in Working Capital | -$78M |
| OPERATING CASH FLOW | $223M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | -$141M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$130M |
| FREE CASH FLOW | $198M |
| Net Change in Cash | $60M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $214M |
| Short-Term Investments | $0 |
| Net Receivables | $3.6B |
| Inventory | $672M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $461M |
| Goodwill | $2.5B |
| Intangible Assets | $540M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $2.0B |
| Short-Term Debt | $34M |
| Deferred Revenue | $258M |
| Other Current Liabilities | $749M |
| TOTAL CURRENT LIABILITIES | $3.6B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $55M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$159M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $890M |
| Minority Interest | $0 |
| TOTAL EQUITY | $890M |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $3.6B |
| Net Debt | $3.4B |
