| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.0B | $2.5B | 32.9% | 4.7% |
| Op. Income | $99M | $46M | $142M | 116.8% | -30.3% |
| Gross Margin | 28.1% | 29.6% | 27.9% | -1.5pp | 0.2pp |
| Net Margin | 2.7% | 2.9% | 4.1% | -0.3pp | -1.4pp |
| EPS (Diluted) | $0.81 | $0.66 | $1.07 | 22.7% | -24.3% |
| Free Cash Flow | $566M | -$240M | $489M | 335.4% | 15.6% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $733M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $634M |
| Other Expenses | $381.0K |
| Operating Expenses | $634M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $881.0K |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $69M |
| EBIT | $104M |
| EBITDA | $173M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $733M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $634M |
| Other Expenses | $381.0K |
| Operating Expenses | $634M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $99M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $881.0K |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $69M |
| EBIT | $104M |
| EBITDA | $173M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $69M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $436M |
| OPERATING CASH FLOW | $617M |
| Capital Expenditure | -$52M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $45M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | -$570M |
| Common Stock Repurchased | -$36M |
| Common Dividends Paid | -$24M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$629M |
| FREE CASH FLOW | $566M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $69M |
| Short-Term Investments | $0 |
| Net Receivables | $59M |
| Inventory | $2.2B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $3.7B |
| Goodwill | $246M |
| Intangible Assets | $95M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $134M |
| TOTAL NON-CURRENT ASSETS | $4.2B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $1.0B |
| Short-Term Debt | $0 |
| Deferred Revenue | $159M |
| Other Current Liabilities | $67M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $224M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $134M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $4.9B |
| Common Stock | $836.0K |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.6B |
| Treasury Stock | -$2.2B |
| Accum. Other Comp. Income | -$120.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $3.1B |
| Net Debt | $3.0B |
