| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | -0.4% | 6.7% |
| Op. Income | $227M | $247M | $204M | -8.2% | 11.5% |
| Gross Margin | 28.6% | 30.1% | 27.9% | -1.4pp | 0.7pp |
| Net Margin | 16.5% | 17.7% | 15.5% | -1.2pp | 1.0pp |
| EPS (Diluted) | $1.69 | $1.82 | $1.45 | -7.1% | 16.6% |
| Free Cash Flow | $322M | $335M | $323M | -4.1% | -0.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $811M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $26M |
| Operating Expenses | $98M |
| Cost & Expenses | $909M |
| OPERATING INCOME | $227M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $227M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $0 |
| EBIT | $248M |
| EBITDA | $248M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $811M |
| GROSS PROFIT | $325M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $73M |
| SG&A Expenses | $73M |
| Other Expenses | $26M |
| Operating Expenses | $98M |
| Cost & Expenses | $909M |
| OPERATING INCOME | $227M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $227M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $187M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $187M |
| D&A | $0 |
| EBIT | $248M |
| EBITDA | $248M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $187M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $147M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $334M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | -$32.0K |
| Purchases of Investments | -$520M |
| Sales/Maturities of Investments | $292M |
| Other Investing Activities | $32.0K |
| NET CASH FROM INVESTING | -$241M |
| Net Debt Issuance | $63M |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$26M |
| NET CASH FROM FINANCING | -$81M |
| FREE CASH FLOW | $322M |
| Net Change in Cash | $9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $18.9B |
| Net Receivables | $442M |
| Inventory | $0 |
| Other Current Assets | -$19.5B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $161M |
| Goodwill | $442M |
| Intangible Assets | $0 |
| Long-Term Investments | $18.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$19.5B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $26.0B |
| Account Payables | $365M |
| Short-Term Debt | $299M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$2.1B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.3B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $18.7B |
| Common Stock | $117M |
| Additional Paid-In Capital | $532M |
| Retained Earnings | $5.6B |
| Treasury Stock | -$751M |
| Accum. Other Comp. Income | $1.8B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $26.0B |
| Total Debt | $1.6B |
| Net Debt | $1.6B |
