| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.8B | $3.8B | 0.3% | 1.4% |
| Op. Income | $109M | $137M | $225M | -20.0% | -51.3% |
| Gross Margin | 6.2% | 7.4% | 9.0% | -1.1pp | -2.8pp |
| Net Margin | 2.1% | 2.6% | 4.3% | -0.6pp | -2.3pp |
| EPS (Diluted) | $0.57 | $0.73 | $1.16 | -21.9% | -50.9% |
| Free Cash Flow | $44M | $192M | $243M | -77.2% | -82.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $24M |
| EBIT | $109M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $238M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $128M |
| Other Expenses | $0 |
| Operating Expenses | $128M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $109M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $24M |
| EBIT | $109M |
| EBITDA | $134M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$60M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$224M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$238M |
| Net Debt Issuance | $178M |
| Common Stock Repurchased | -$69M |
| Common Dividends Paid | -$70M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | $37M |
| FREE CASH FLOW | $44M |
| Net Change in Cash | -$153M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $295M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $558M |
| Goodwill | $1.5B |
| Intangible Assets | $132M |
| Long-Term Investments | $0 |
| Tax Assets | $15M |
| Other Non-Current Assets | $86M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $4.8B |
| Account Payables | $1.1B |
| Short-Term Debt | $321M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $89M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $13M |
| Additional Paid-In Capital | $534M |
| Retained Earnings | $4.2B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$108M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.8B |
| Total Debt | $1.8B |
| Net Debt | $1.5B |
