| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $498M | $452M | $481M | 10.1% | 3.6% |
| Op. Income | $78M | $60M | $74M | 30.2% | 4.9% |
| Gross Margin | 53.6% | 55.5% | 54.4% | -1.8pp | -0.8pp |
| Net Margin | 10.9% | 7.7% | 10.0% | 3.2pp | 0.9pp |
| EPS (Diluted) | $1.27 | $0.81 | $1.09 | 56.8% | 16.5% |
| Free Cash Flow | $57M | $48M | $54M | 18.7% | 4.2% |
| Item | Amount |
|---|---|
| REVENUE | $498M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $161M |
| Operating Expenses | $189M |
| Cost & Expenses | $420M |
| OPERATING INCOME | $78M |
| Interest Income | $267.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $11M |
| EBIT | $80M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $498M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $28M |
| SG&A Expenses | $28M |
| Other Expenses | $161M |
| Operating Expenses | $189M |
| Cost & Expenses | $420M |
| OPERATING INCOME | $78M |
| Interest Income | $267.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $11M |
| EBIT | $80M |
| EBITDA | $91M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | -$443.0K |
| Other Non-Cash Items | $45.0K |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$49M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $57M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $47M |
| Short-Term Investments | $0 |
| Net Receivables | $418M |
| Inventory | $265M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $741M |
| PP&E (Net) | $641M |
| Goodwill | $949M |
| Intangible Assets | $86M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $6M |
| Short-Term Debt | $0 |
| Deferred Revenue | $40M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $203M |
| Long-Term Debt | $632M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $61M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $887M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $493.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $727M |
| Treasury Stock | -$512M |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $912M |
| Net Debt | $865M |
