| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.4B | $2.6B | 52.5% | -16.3% |
| Op. Income | $75M | -$46M | -$287M | 264.9% | 126.2% |
| Gross Margin | 27.2% | 30.7% | 13.9% | -3.4pp | 13.3pp |
| Net Margin | 1.0% | -5.8% | -7.2% | 6.8pp | 8.1pp |
| EPS (Diluted) | $0.08 | $-0.25 | $-0.46 | 132.0% | 117.4% |
| Free Cash Flow | $223M | -$28M | $477M | 888.7% | -53.2% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $597M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $581M |
| Other Expenses | -$59M |
| Operating Expenses | $522M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $75M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $26M |
| EBIT | $77M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $597M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $581M |
| Other Expenses | -$59M |
| Operating Expenses | $522M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $75M |
| Interest Income | $1M |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $21M |
| D&A | $26M |
| EBIT | $77M |
| EBITDA | $103M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $800.0K |
| Deferred Income Tax | $73M |
| Other Non-Cash Items | $35M |
| Change in Working Capital | $84M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $13M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $223M |
| Net Change in Cash | $209M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $499M |
| Short-Term Investments | $0 |
| Net Receivables | $142M |
| Inventory | $860M |
| Other Current Assets | $12M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.0B |
| Goodwill | $0 |
| Intangible Assets | $23M |
| Long-Term Investments | $0 |
| Tax Assets | $83M |
| Other Non-Current Assets | $37M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $381M |
| Short-Term Debt | $0 |
| Deferred Revenue | $350M |
| Other Current Liabilities | $105M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $420M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $21M |
| TOTAL NON-CURRENT LIABILITIES | $971M |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $690M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $612M |
| Minority Interest | $0 |
| TOTAL EQUITY | $612M |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.2B |
| Net Debt | $689M |
