| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $760M | $1.0B | $768M | -26.7% | -1.1% |
| Op. Income | $80M | $61M | $96M | 31.9% | -16.5% |
| Gross Margin | 26.2% | 17.6% | 26.1% | 8.6pp | 0.1pp |
| Net Margin | 7.7% | 6.0% | 8.7% | 1.6pp | -1.0pp |
| EPS (Diluted) | $0.96 | $1.04 | $1.09 | -7.7% | -11.9% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $760M |
| Cost of Revenue | $561M |
| GROSS PROFIT | $199M |
| R&D Expenses | $12M |
| Selling & Marketing | $47M |
| General & Administrative | $61M |
| SG&A Expenses | $108M |
| Other Expenses | -$1M |
| Operating Expenses | $119M |
| Cost & Expenses | $680M |
| OPERATING INCOME | $80M |
| Interest Income | $3M |
| Interest Expense | $19M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $0 |
| EBIT | $83M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $760M |
| Cost of Revenue | $561M |
| GROSS PROFIT | $199M |
| R&D Expenses | $12M |
| Selling & Marketing | $47M |
| General & Administrative | $61M |
| SG&A Expenses | $108M |
| Other Expenses | -$1M |
| Operating Expenses | $119M |
| Cost & Expenses | $680M |
| OPERATING INCOME | $80M |
| Interest Income | $3M |
| Interest Expense | $19M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $0 |
| EBIT | $83M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$61M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $526M |
| Short-Term Investments | $0 |
| Net Receivables | $633M |
| Inventory | $413M |
| Other Current Assets | $1.7B |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $87M |
| Long-Term Investments | $150M |
| Tax Assets | $185M |
| Other Non-Current Assets | $455M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $529M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $65M |
| Other Current Liabilities | $674M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $526M |
| Deferred Revenue NC | $84M |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $862M |
| TOTAL LIABILITIES | $3.9B |
| Common Stock | $704M |
| Additional Paid-In Capital | $19M |
| Retained Earnings | $726M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$122M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $38M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $2.4B |
| Net Debt | $1.8B |
