| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $809M | $835M | $689M | -3.1% | 17.5% |
| Op. Income | $90M | $111M | $64M | -18.7% | 41.3% |
| Gross Margin | 35.8% | 36.2% | 35.5% | -0.3pp | 0.3pp |
| Net Margin | 7.5% | 9.5% | 9.3% | -2.0pp | -1.8pp |
| EPS (Diluted) | $0.31 | $0.41 | $0.33 | -24.4% | -6.1% |
| Free Cash Flow | -$27M | $64M | -$50M | -143.0% | 45.6% |
| Item | Amount |
|---|---|
| REVENUE | $809M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $189M |
| SG&A Expenses | $189M |
| Other Expenses | $11M |
| Operating Expenses | $200M |
| Cost & Expenses | $719M |
| OPERATING INCOME | $90M |
| Interest Income | $2M |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $30M |
| EBIT | $92M |
| EBITDA | $123M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $809M |
| Cost of Revenue | $519M |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $189M |
| SG&A Expenses | $189M |
| Other Expenses | $11M |
| Operating Expenses | $200M |
| Cost & Expenses | $719M |
| OPERATING INCOME | $90M |
| Interest Income | $2M |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $30M |
| EBIT | $92M |
| EBITDA | $123M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | $21M |
| Change in Working Capital | -$112M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$27M |
| Net Debt Issuance | $15M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | -$27M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $325M |
| Short-Term Investments | $0 |
| Net Receivables | $865M |
| Inventory | $164M |
| Other Current Assets | $99M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $474M |
| Goodwill | $1.4B |
| Intangible Assets | $173M |
| Long-Term Investments | $852.0K |
| Tax Assets | $79M |
| Other Non-Current Assets | $383M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $3.9B |
| Account Payables | $29M |
| Short-Term Debt | $354M |
| Deferred Revenue | $66M |
| Other Current Liabilities | $287M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $967M |
| Deferred Revenue NC | $58M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $483M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$484M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $1.6B |
| Net Debt | $1.3B |
