| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.9B | $4.1B | -1.6% | -8.3% |
| Op. Income | $137M | $201M | $256M | -32.0% | -46.5% |
| Gross Margin | 7.4% | 8.1% | 9.0% | -0.7pp | -1.7pp |
| Net Margin | 2.6% | 3.8% | 4.5% | -1.2pp | -1.9pp |
| EPS (Diluted) | $0.73 | $1.07 | $1.34 | -31.8% | -45.5% |
| Free Cash Flow | $192M | $148M | $250M | 29.8% | -23.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $280M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $137M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $25M |
| EBIT | $137M |
| EBITDA | $162M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $280M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $143M |
| Other Expenses | $0 |
| Operating Expenses | $143M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $137M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $126M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $25M |
| EBIT | $137M |
| EBITDA | $162M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | -$2M |
| Deferred Income Tax | $953.0K |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $83M |
| OPERATING CASH FLOW | $212M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$12.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$68M |
| Common Dividends Paid | -$70M |
| Other Financing Activities | $22M |
| NET CASH FROM FINANCING | -$134M |
| FREE CASH FLOW | $192M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $448M |
| Short-Term Investments | $0 |
| Net Receivables | $2.1B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $519M |
| Goodwill | $1.3B |
| Intangible Assets | $143M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $34M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $985M |
| Short-Term Debt | $143M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $113M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $40M |
| Other Non-Current Liabilities | $23M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $13M |
| Additional Paid-In Capital | $547M |
| Retained Earnings | $4.1B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
