| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $682M | $708M | $656M | -3.7% | 3.9% |
| Op. Income | $107M | $133M | $62M | -19.4% | 72.1% |
| Gross Margin | 28.3% | 30.2% | 22.7% | -1.9pp | 5.6pp |
| Net Margin | 0.4% | 14.7% | -23.8% | -14.3pp | 24.2pp |
| EPS (Diluted) | $0.06 | $2.45 | $-3.67 | -97.6% | 101.6% |
| Free Cash Flow | $96M | $218M | -$197M | -55.8% | 148.8% |
| Item | Amount |
|---|---|
| REVENUE | $682M |
| Cost of Revenue | $489M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $575M |
| OPERATING INCOME | $107M |
| Interest Income | $6M |
| Interest Expense | $17M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $70M |
| EBIT | $26M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $682M |
| Cost of Revenue | $489M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $86M |
| Other Expenses | $0 |
| Operating Expenses | $86M |
| Cost & Expenses | $575M |
| OPERATING INCOME | $107M |
| Interest Income | $6M |
| Interest Expense | $17M |
| Other Income/Expenses | -$99M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $3M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.0K |
| NET INCOME | $3M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $3M |
| D&A | $70M |
| EBIT | $26M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $3M |
| Depreciation & Amortization | $282M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $231M |
| Change in Working Capital | $68M |
| OPERATING CASH FLOW | $234M |
| Capital Expenditure | -$138M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$202M |
| NET CASH FROM INVESTING | -$202M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$110M |
| Other Financing Activities | $12M |
| NET CASH FROM FINANCING | -$98M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $692M |
| Net Receivables | $110M |
| Inventory | $69M |
| Other Current Assets | $199M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $2.8B |
| Goodwill | $20M |
| Intangible Assets | $88M |
| Long-Term Investments | $134M |
| Tax Assets | $19M |
| Other Non-Current Assets | $38M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $119M |
| Short-Term Debt | $123M |
| Deferred Revenue | $532M |
| Other Current Liabilities | $50M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $938M |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $43M |
| Other Non-Current Liabilities | $191M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $29M |
| Additional Paid-In Capital | $86M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$136M |
| Accum. Other Comp. Income | -$9M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
