| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.3B | -3.9% | 17.9% |
| Op. Income | $121M | $126M | $88M | -4.3% | 37.3% |
| Gross Margin | 16.4% | 15.0% | 14.0% | 1.3pp | 2.4pp |
| Net Margin | 5.6% | 4.9% | 3.9% | 0.7pp | 1.6pp |
| EPS (Diluted) | $0.72 | $0.66 | $0.44 | 9.1% | 63.6% |
| Free Cash Flow | $208M | $110M | $37M | 89.2% | 468.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $132M |
| Other Expenses | $0 |
| Operating Expenses | $132M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $121M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $231.0K |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $41M |
| EBIT | $120M |
| EBITDA | $161M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $253M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $132M |
| Other Expenses | $0 |
| Operating Expenses | $132M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $121M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $231.0K |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $41M |
| EBIT | $120M |
| EBITDA | $161M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$17M |
| Change in Working Capital | $124M |
| OPERATING CASH FLOW | $256M |
| Capital Expenditure | -$47M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$46M |
| Net Debt Issuance | -$117M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$138M |
| FREE CASH FLOW | $208M |
| Net Change in Cash | $71M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $192M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $692M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.5B |
| Goodwill | $64M |
| Intangible Assets | $13M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $288M |
| Short-Term Debt | $17M |
| Deferred Revenue | $35M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $695M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $359M |
| Retained Earnings | $1.6B |
| Treasury Stock | -$197M |
| Accum. Other Comp. Income | -$124M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $196.0K |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
