| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $920M | $760M | $901M | 21.0% | 2.1% |
| Op. Income | $111M | $80M | $137M | 39.1% | -18.4% |
| Gross Margin | 25.0% | 26.2% | 30.1% | -1.2pp | -5.2pp |
| Net Margin | 7.4% | 7.7% | 12.4% | -0.3pp | -5.0pp |
| EPS (Diluted) | $1.12 | $0.96 | $1.81 | 16.7% | -38.1% |
| Free Cash Flow | -$159M | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $920M |
| Cost of Revenue | $690M |
| GROSS PROFIT | $230M |
| R&D Expenses | $10M |
| Selling & Marketing | $50M |
| General & Administrative | $64M |
| SG&A Expenses | $114M |
| Other Expenses | -$6M |
| Operating Expenses | $118M |
| Cost & Expenses | $808M |
| OPERATING INCOME | $111M |
| Interest Income | $3M |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $923.0K |
| NET INCOME | $68M |
| Net Income Deductions | $81.1K |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $45M |
| EBIT | $112M |
| EBITDA | $157M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $920M |
| Cost of Revenue | $690M |
| GROSS PROFIT | $230M |
| R&D Expenses | $10M |
| Selling & Marketing | $50M |
| General & Administrative | $64M |
| SG&A Expenses | $114M |
| Other Expenses | -$6M |
| Operating Expenses | $118M |
| Cost & Expenses | $808M |
| OPERATING INCOME | $111M |
| Interest Income | $3M |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $923.0K |
| NET INCOME | $68M |
| Net Income Deductions | $81.1K |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $45M |
| EBIT | $112M |
| EBITDA | $157M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | -$67M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$78M |
| Change in Working Capital | -$253M |
| OPERATING CASH FLOW | -$414M |
| Capital Expenditure | $255M |
| Acquisitions (Net) | $62M |
| Purchases of Investments | $68M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$98M |
| NET CASH FROM INVESTING | $287M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$208M |
| NET CASH FROM FINANCING | -$208M |
| FREE CASH FLOW | -$159M |
| Net Change in Cash | -$551M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $592M |
| Inventory | $602M |
| Other Current Assets | $259M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $1.1B |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $163M |
| Tax Assets | $154M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $586M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $135M |
| Other Current Liabilities | $589M |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $696M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $177M |
| TOTAL NON-CURRENT LIABILITIES | $950M |
| TOTAL LIABILITIES | $4.0B |
| Common Stock | $704M |
| Additional Paid-In Capital | $17M |
| Retained Earnings | $794M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | -$110M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $32M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $2.5B |
| Net Debt | $1.3B |
