| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $787M | $692M | $715M | 13.7% | 10.1% |
| Op. Income | $194M | $118M | $151M | 64.5% | 28.5% |
| Gross Margin | 48.5% | 43.1% | 45.7% | 5.4pp | 2.9pp |
| Net Margin | 17.5% | 9.9% | 14.4% | 7.6pp | 3.1pp |
| EPS (Diluted) | $2.46 | $1.25 | $1.89 | 96.8% | 30.2% |
| Free Cash Flow | $275M | $7M | $95M | 3607.5% | 190.9% |
| Item | Amount |
|---|---|
| REVENUE | $787M |
| Cost of Revenue | $405M |
| GROSS PROFIT | $382M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $28M |
| Operating Expenses | $188M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $194M |
| Interest Income | $600.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $28M |
| EBIT | $194M |
| EBITDA | $222M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $787M |
| Cost of Revenue | $405M |
| GROSS PROFIT | $382M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $160M |
| Other Expenses | $28M |
| Operating Expenses | $188M |
| Cost & Expenses | $593M |
| OPERATING INCOME | $194M |
| Interest Income | $600.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $174M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $138M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $138M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $138M |
| D&A | $28M |
| EBIT | $194M |
| EBITDA | $222M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $138M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $142M |
| Change in Working Capital | $151M |
| OPERATING CASH FLOW | $308M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $1.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$35M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $275M |
| Net Change in Cash | $165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $0 |
| Net Receivables | $663M |
| Inventory | -$3.0K |
| Other Current Assets | $126M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $684M |
| Goodwill | $686M |
| Intangible Assets | $96M |
| Long-Term Investments | -$56M |
| Tax Assets | $56M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $451M |
| Short-Term Debt | $19M |
| Deferred Revenue | $57M |
| Other Current Liabilities | $51M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $56M |
| Other Non-Current Liabilities | $64M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $910M |
| Treasury Stock | -$433M |
| Accum. Other Comp. Income | -$212M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | -$86.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.5B |
| Net Debt | -$278M |
