| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $889M | $882M | $748M | 0.8% | 18.8% |
| Op. Income | $114M | $106M | $94M | 7.0% | 20.8% |
| Gross Margin | 35.5% | 35.2% | 35.6% | 0.2pp | -0.2pp |
| Net Margin | 9.9% | 8.4% | 9.8% | 1.6pp | 0.1pp |
| EPS (Diluted) | $0.45 | $0.38 | $0.38 | 18.4% | 18.4% |
| Free Cash Flow | $186M | $102M | $115M | 83.0% | 61.4% |
| Item | Amount |
|---|---|
| REVENUE | $889M |
| Cost of Revenue | $574M |
| GROSS PROFIT | $315M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $192M |
| SG&A Expenses | $195M |
| Other Expenses | $7M |
| Operating Expenses | $202M |
| Cost & Expenses | $775M |
| OPERATING INCOME | $114M |
| Interest Income | $2M |
| Interest Expense | $12M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $31M |
| EBIT | $123M |
| EBITDA | $154M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $889M |
| Cost of Revenue | $574M |
| GROSS PROFIT | $315M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $192M |
| SG&A Expenses | $195M |
| Other Expenses | $7M |
| Operating Expenses | $202M |
| Cost & Expenses | $775M |
| OPERATING INCOME | $114M |
| Interest Income | $2M |
| Interest Expense | $12M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $88M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $88M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $88M |
| D&A | $31M |
| EBIT | $123M |
| EBITDA | $154M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $88M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $18M |
| Change in Working Capital | $86M |
| OPERATING CASH FLOW | $220M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $59.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | -$56M |
| Common Stock Repurchased | -$24M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$94M |
| FREE CASH FLOW | $186M |
| Net Change in Cash | $79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $457M |
| Short-Term Investments | $0 |
| Net Receivables | $890M |
| Inventory | $185M |
| Other Current Assets | $76M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $516M |
| Goodwill | $1.4B |
| Intangible Assets | $163M |
| Long-Term Investments | $207M |
| Tax Assets | $81M |
| Other Non-Current Assets | $185M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $21M |
| Short-Term Debt | $279M |
| Deferred Revenue | $93M |
| Other Current Liabilities | $267M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $951M |
| Deferred Revenue NC | $68M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $589M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$530M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.6B |
| Net Debt | $1.1B |
