| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $4.1B | $3.9B | -9.3% | -4.4% |
| Op. Income | $225M | $256M | $192M | -12.1% | 17.2% |
| Gross Margin | 9.0% | 9.0% | 7.6% | -0.0pp | 1.4pp |
| Net Margin | 4.3% | 4.5% | 3.6% | -0.2pp | 0.7pp |
| EPS (Diluted) | $1.16 | $1.34 | $1.01 | -13.4% | 14.9% |
| Free Cash Flow | $243M | $250M | $185M | -2.7% | 31.3% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $339M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $25M |
| EBIT | $225M |
| EBITDA | $249M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $339M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $114M |
| Other Expenses | $0 |
| Operating Expenses | $114M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $207M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $162M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $162M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $162M |
| D&A | $25M |
| EBIT | $225M |
| EBITDA | $249M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $162M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$364.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $56M |
| OPERATING CASH FLOW | $257M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$44M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8.0K |
| NET CASH FROM INVESTING | -$58M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$68M |
| Common Dividends Paid | -$70M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | -$135M |
| FREE CASH FLOW | $243M |
| Net Change in Cash | $67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $445M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $483M |
| Goodwill | $1.3B |
| Intangible Assets | $116M |
| Long-Term Investments | -$86M |
| Tax Assets | $13M |
| Other Non-Current Assets | $73M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $996M |
| Short-Term Debt | $54M |
| Deferred Revenue | $5M |
| Other Current Liabilities | $260M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $14M |
| Additional Paid-In Capital | $527M |
| Retained Earnings | $3.9B |
| Treasury Stock | -$2.8B |
| Accum. Other Comp. Income | -$67M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.6B |
| Net Debt | $1.2B |
