| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $914M | $856M | $689M | 6.8% | 32.7% |
| Op. Income | $73M | $52M | $55M | 40.3% | 33.8% |
| Gross Margin | 14.6% | 12.4% | 15.4% | 2.2pp | -0.7pp |
| Net Margin | 3.8% | 1.8% | 4.5% | 2.1pp | -0.6pp |
| EPS (Diluted) | $1.06 | $0.46 | $0.94 | 130.4% | 12.8% |
| Free Cash Flow | $25M | $3M | -$34M | 809.6% | 173.2% |
| Item | Amount |
|---|---|
| REVENUE | $914M |
| Cost of Revenue | $781M |
| GROSS PROFIT | $134M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | -$5M |
| Operating Expenses | $61M |
| Cost & Expenses | $841M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $23M |
| EBIT | $76M |
| EBITDA | $99M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $914M |
| Cost of Revenue | $781M |
| GROSS PROFIT | $134M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $61M |
| SG&A Expenses | $61M |
| Other Expenses | -$5M |
| Operating Expenses | $61M |
| Cost & Expenses | $841M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$5M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $51M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $35M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $35M |
| D&A | $23M |
| EBIT | $76M |
| EBITDA | $99M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $35M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $253.0K |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | -$337M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$385M |
| Net Debt Issuance | $293M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $280M |
| FREE CASH FLOW | $25M |
| Net Change in Cash | -$43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $338M |
| Short-Term Investments | $0 |
| Net Receivables | $373M |
| Inventory | $665M |
| Other Current Assets | -$16M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $1.3B |
| Goodwill | $130M |
| Intangible Assets | $73M |
| Long-Term Investments | $120M |
| Tax Assets | $0 |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $302M |
| Short-Term Debt | $27M |
| Deferred Revenue | $85M |
| Other Current Liabilities | -$85M |
| TOTAL CURRENT LIABILITIES | $595M |
| Long-Term Debt | $823M |
| Deferred Revenue NC | $85M |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $922M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $0 |
| Additional Paid-In Capital | $454M |
| Retained Earnings | $868M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$45M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $197M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $850M |
| Net Debt | $512M |
