| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | $2.1B | -6.2% | 8.8% |
| Op. Income | $209M | $208M | $157M | 0.5% | 33.1% |
| Gross Margin | 18.7% | 17.9% | 15.8% | 0.8pp | 2.9pp |
| Net Margin | 7.6% | 6.2% | 5.7% | 1.4pp | 1.9pp |
| EPS (Diluted) | $4.23 | $3.66 | $2.85 | 15.6% | 48.4% |
| Free Cash Flow | -$3M | $385M | -$99M | -100.8% | 97.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $423M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $214M |
| SG&A Expenses | $214M |
| Other Expenses | $0 |
| Operating Expenses | $214M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $209M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $216M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $172M |
| D&A | $58M |
| EBIT | $232M |
| EBITDA | $290M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $423M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $214M |
| SG&A Expenses | $214M |
| Other Expenses | $0 |
| Operating Expenses | $214M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $209M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $7M |
| INCOME BEFORE TAX | $216M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $172M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $172M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $172M |
| D&A | $58M |
| EBIT | $232M |
| EBITDA | $290M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $172M |
| Depreciation & Amortization | $58M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $18M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$207M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | -$378M |
| Purchases of Investments | $16M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | -$82M |
| NET CASH FROM INVESTING | -$444M |
| Net Debt Issuance | $468M |
| Common Stock Repurchased | -$84M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | $329M |
| FREE CASH FLOW | -$3M |
| Net Change in Cash | -$47M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $28M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $154M |
| Other Current Assets | $178M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $3.0B |
| Goodwill | $1.6B |
| Intangible Assets | $481M |
| Long-Term Investments | $0 |
| Tax Assets | $85M |
| Other Non-Current Assets | $231M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $7.6B |
| Account Payables | $536M |
| Short-Term Debt | $88M |
| Deferred Revenue | $387M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $1M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | -$1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $7.6B |
| Total Debt | $1.9B |
| Net Debt | $1.9B |
