| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $578M | $649M | $551M | -11.1% | 4.9% |
| Op. Income | $56M | $71M | $45M | -21.2% | 23.4% |
| Gross Margin | 38.7% | 39.1% | 37.6% | -0.4pp | 1.1pp |
| Net Margin | 6.0% | 9.2% | 4.8% | -3.3pp | 1.2pp |
| EPS (Diluted) | $0.62 | $1.10 | $0.49 | -43.6% | 26.5% |
| Free Cash Flow | -$18M | $174M | $3M | -110.6% | -640.0% |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $354M |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $141M |
| Other Expenses | $27M |
| Operating Expenses | $168M |
| Cost & Expenses | $521M |
| OPERATING INCOME | $56M |
| Interest Income | $343.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $27M |
| EBIT | $56M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $578M |
| Cost of Revenue | $354M |
| GROSS PROFIT | $224M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $141M |
| Other Expenses | $27M |
| Operating Expenses | $168M |
| Cost & Expenses | $521M |
| OPERATING INCOME | $56M |
| Interest Income | $343.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $27M |
| EBIT | $56M |
| EBITDA | $83M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $13M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | $203M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $193M |
| FREE CASH FLOW | -$18M |
| Net Change in Cash | $160M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $716M |
| Inventory | -$20.0K |
| Other Current Assets | $120M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $655M |
| Goodwill | $704M |
| Intangible Assets | $110M |
| Long-Term Investments | -$82M |
| Tax Assets | $82M |
| Other Non-Current Assets | $109M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $409M |
| Short-Term Debt | $360M |
| Deferred Revenue | $61M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $413M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $82M |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $782M |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $704M |
| Treasury Stock | -$393M |
| Accum. Other Comp. Income | -$167M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $176.0K |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $1.1B |
| Net Debt | -$90M |
