| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $315M | $350M | $285M | -9.9% | 10.8% |
| Op. Income | $45M | $79M | $47M | -42.8% | -2.4% |
| Gross Margin | 20.3% | 25.0% | 19.9% | -4.7pp | 0.4pp |
| Net Margin | 23.0% | -32.7% | -44.9% | 55.7pp | 67.8pp |
| EPS (Diluted) | $1.74 | $-2.77 | $-2.82 | 162.8% | 161.7% |
| Free Cash Flow | $31M | $112M | $14M | -72.6% | 122.6% |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $28M |
| EBIT | $54M |
| EBITDA | $82M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $315M |
| Cost of Revenue | $252M |
| GROSS PROFIT | $64M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $45M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $45M |
| Income Tax Expense | -$27M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $28M |
| EBIT | $54M |
| EBITDA | $82M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $116M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$140M |
| OPERATING CASH FLOW | $79M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$669M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $400.0K |
| NET CASH FROM INVESTING | -$717M |
| Net Debt Issuance | $640M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $630M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $0 |
| Net Receivables | $274M |
| Inventory | $273M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $678M |
| PP&E (Net) | $1.8B |
| Goodwill | $332M |
| Intangible Assets | $65M |
| Long-Term Investments | $74M |
| Tax Assets | $0 |
| Other Non-Current Assets | $26M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $84M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $8M |
| TOTAL CURRENT LIABILITIES | $170M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $167M |
| Other Non-Current Liabilities | $49M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $416.0K |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $960M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $968M |
| Minority Interest | $0 |
| TOTAL EQUITY | $968M |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
