| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.6B | $1.4B | -9.3% | 2.8% |
| Op. Income | $190M | $297M | $11M | -35.9% | 1705.1% |
| Gross Margin | 48.7% | 52.1% | 48.7% | -3.4pp | -0.0pp |
| Net Margin | 18.7% | 13.5% | 0.6% | 5.2pp | 18.1pp |
| EPS (Diluted) | $2.01 | $1.67 | $0.07 | 20.4% | 2771.4% |
| Free Cash Flow | $221M | $21M | $435M | 966.6% | -49.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $733M |
| GROSS PROFIT | $695M |
| R&D Expenses | $73M |
| Selling & Marketing | $104M |
| General & Administrative | $289M |
| SG&A Expenses | $393M |
| Other Expenses | $39M |
| Operating Expenses | $505M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $190M |
| Interest Income | $11M |
| Interest Expense | $35M |
| Other Income/Expenses | $108M |
| INCOME BEFORE TAX | $299M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $72M |
| EBIT | $334M |
| EBITDA | $405M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $733M |
| GROSS PROFIT | $695M |
| R&D Expenses | $73M |
| Selling & Marketing | $104M |
| General & Administrative | $289M |
| SG&A Expenses | $393M |
| Other Expenses | $39M |
| Operating Expenses | $505M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $190M |
| Interest Income | $11M |
| Interest Expense | $35M |
| Other Income/Expenses | $108M |
| INCOME BEFORE TAX | $299M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $267M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $267M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $267M |
| D&A | $72M |
| EBIT | $334M |
| EBITDA | $405M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $267M |
| Depreciation & Amortization | $72M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $13M |
| Other Non-Cash Items | -$64M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $263M |
| Capital Expenditure | -$43M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $77M |
| NET CASH FROM INVESTING | $26M |
| Net Debt Issuance | $2.3B |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$86M |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $3.2B |
| FREE CASH FLOW | $221M |
| Net Change in Cash | $3.5B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.6B |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $446M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $382M |
| Goodwill | $495M |
| Intangible Assets | $646M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $585M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $8.9B |
| Account Payables | $344M |
| Short-Term Debt | $503.0K |
| Deferred Revenue | $48M |
| Other Current Liabilities | $35M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $557M |
| TOTAL NON-CURRENT LIABILITIES | $4.6B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $110M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $4.4B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$184M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $8.9B |
| Total Debt | $4.0B |
| Net Debt | -$533M |
