| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.9B | $4.3B | -1.3% | -10.2% |
| Op. Income | $201M | $228M | $246M | -11.6% | -18.2% |
| Gross Margin | 8.1% | 9.1% | 8.4% | -1.0pp | -0.2pp |
| Net Margin | 3.8% | 4.3% | 4.1% | -0.5pp | -0.3pp |
| EPS (Diluted) | $1.07 | $1.22 | $1.25 | -12.3% | -14.4% |
| Free Cash Flow | $148M | $182M | $201M | -18.7% | -26.4% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $201M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $25M |
| EBIT | $201M |
| EBITDA | $227M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $313M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $112M |
| Other Expenses | $0 |
| Operating Expenses | $112M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $201M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $188M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $147M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $147M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $147M |
| D&A | $25M |
| EBIT | $201M |
| EBITDA | $227M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $147M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | -$809.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$69M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$127M |
| FREE CASH FLOW | $148M |
| Net Change in Cash | $29M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $384M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $473M |
| Goodwill | $1.3B |
| Intangible Assets | $99M |
| Long-Term Investments | -$95M |
| Tax Assets | $12M |
| Other Non-Current Assets | $84M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $1.0B |
| Short-Term Debt | $56M |
| Deferred Revenue | -$38M |
| Other Current Liabilities | $196M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $14M |
| Additional Paid-In Capital | $549M |
| Retained Earnings | $4.1B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$91M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.5B |
| Net Debt | $1.1B |
