| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $941M | $889M | $835M | 5.8% | 12.6% |
| Op. Income | $120M | $114M | $111M | 5.2% | 7.8% |
| Gross Margin | 33.0% | 35.5% | 36.2% | -2.5pp | -3.2pp |
| Net Margin | 8.7% | 9.9% | 9.5% | -1.2pp | -0.7pp |
| EPS (Diluted) | $0.42 | $0.45 | $0.41 | -6.7% | 2.4% |
| Free Cash Flow | $59M | $186M | $64M | -68.2% | -7.2% |
| Item | Amount |
|---|---|
| REVENUE | $941M |
| Cost of Revenue | $631M |
| GROSS PROFIT | $310M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $210M |
| SG&A Expenses | $210M |
| Other Expenses | -$19M |
| Operating Expenses | $191M |
| Cost & Expenses | $821M |
| OPERATING INCOME | $120M |
| Interest Income | $3M |
| Interest Expense | $13M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $35M |
| EBIT | $127M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $941M |
| Cost of Revenue | $631M |
| GROSS PROFIT | $310M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $210M |
| SG&A Expenses | $210M |
| Other Expenses | -$19M |
| Operating Expenses | $191M |
| Cost & Expenses | $821M |
| OPERATING INCOME | $120M |
| Interest Income | $3M |
| Interest Expense | $13M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $114M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $35M |
| EBIT | $127M |
| EBITDA | $162M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $87M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$246M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$271M |
| Net Debt Issuance | $213M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$673.0K |
| NET CASH FROM FINANCING | $194M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $467M |
| Short-Term Investments | $0 |
| Net Receivables | $933M |
| Inventory | $0 |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $618M |
| Goodwill | $1.6B |
| Intangible Assets | $231M |
| Long-Term Investments | $0 |
| Tax Assets | $90M |
| Other Non-Current Assets | $389M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $4.5B |
| Account Payables | $22M |
| Short-Term Debt | $104M |
| Deferred Revenue | $97M |
| Other Current Liabilities | $392M |
| TOTAL CURRENT LIABILITIES | $910M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $79M |
| Deferred Tax Liabilities | $4M |
| Other Non-Current Liabilities | $110M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $649M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$532M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.5B |
| Total Debt | $1.8B |
| Net Debt | $1.4B |
