| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $534M | $556M | — | -3.9% | — |
| Op. Income | $82M | $122M | — | -32.8% | — |
| Gross Margin | 23.8% | 27.9% | — | -4.1pp | — |
| Net Margin | 11.8% | 16.4% | — | -4.5pp | — |
| EPS (Diluted) | $0.23 | $0.33 | — | -30.3% | — |
| Free Cash Flow | -$21M | $77M | — | -127.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $534M |
| Cost of Revenue | $407M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $8M |
| Operating Expenses | $45M |
| Cost & Expenses | $452M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | -$200.0K |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $22M |
| EBIT | $83M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $534M |
| Cost of Revenue | $407M |
| GROSS PROFIT | $127M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $8M |
| Operating Expenses | $45M |
| Cost & Expenses | $452M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $58M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | -$200.0K |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $22M |
| EBIT | $83M |
| EBITDA | $105M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $81M |
| OPERATING CASH FLOW | $174M |
| Capital Expenditure | -$195M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | -$195M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$72M |
| Other Financing Activities | $44M |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $353M |
| Short-Term Investments | $0 |
| Net Receivables | $153M |
| Inventory | $317M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $898M |
| PP&E (Net) | $2.0B |
| Goodwill | $2M |
| Intangible Assets | $0 |
| Long-Term Investments | $63M |
| Tax Assets | $610M |
| Other Non-Current Assets | $121M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $193M |
| Short-Term Debt | $0 |
| Deferred Revenue | $22M |
| Other Current Liabilities | $132M |
| TOTAL CURRENT LIABILITIES | $409M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $26M |
| Deferred Tax Liabilities | $151M |
| Other Non-Current Liabilities | $597M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $38M |
| Additional Paid-In Capital | $3.9B |
| Retained Earnings | -$2.8B |
| Treasury Stock | -$391M |
| Accum. Other Comp. Income | -$319M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $358M |
| Minority Interest | $0 |
| TOTAL EQUITY | $358M |
| TOTAL LIABILITIES & EQUITY | $3.7B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
