| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $923M | $941M | $809M | -1.9% | 14.1% |
| Op. Income | $111M | $120M | $90M | -7.4% | 22.9% |
| Gross Margin | 34.5% | 33.0% | 35.8% | 1.5pp | -1.4pp |
| Net Margin | 9.3% | 8.7% | 7.5% | 0.5pp | 1.8pp |
| EPS (Diluted) | $0.44 | $0.42 | $0.31 | 4.8% | 41.9% |
| Free Cash Flow | -$40M | $59M | -$27M | -168.0% | -46.8% |
| Item | Amount |
|---|---|
| REVENUE | $923M |
| Cost of Revenue | $605M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $194M |
| SG&A Expenses | $197M |
| Other Expenses | $10M |
| Operating Expenses | $208M |
| Cost & Expenses | $813M |
| OPERATING INCOME | $111M |
| Interest Income | $2M |
| Interest Expense | $14M |
| Other Income/Expenses | -$99.0K |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $39M |
| EBIT | $125M |
| EBITDA | $164M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $923M |
| Cost of Revenue | $605M |
| GROSS PROFIT | $318M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $194M |
| SG&A Expenses | $197M |
| Other Expenses | $10M |
| Operating Expenses | $208M |
| Cost & Expenses | $813M |
| OPERATING INCOME | $111M |
| Interest Income | $2M |
| Interest Expense | $14M |
| Other Income/Expenses | -$99.0K |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $86M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $86M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $39M |
| EBIT | $125M |
| EBITDA | $164M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $86M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$392.0K |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$153M |
| OPERATING CASH FLOW | -$19M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $312.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$24M |
| Net Debt Issuance | $85M |
| Common Stock Repurchased | -$45M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | -$40M |
| Net Change in Cash | -$65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $402M |
| Short-Term Investments | $0 |
| Net Receivables | $932M |
| Inventory | $0 |
| Other Current Assets | $44M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $588M |
| Goodwill | $1.6B |
| Intangible Assets | $215M |
| Long-Term Investments | $211M |
| Tax Assets | $102M |
| Other Non-Current Assets | $253M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $26M |
| Short-Term Debt | $199M |
| Deferred Revenue | $121M |
| Other Current Liabilities | $311M |
| TOTAL CURRENT LIABILITIES | $944M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $71M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $143M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $667M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$662M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.9B |
| Net Debt | $1.5B |
