| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.1B | 1.4% | 6.5% |
| Op. Income | $208M | $170M | $282M | 22.4% | -26.2% |
| Gross Margin | 18.8% | 16.2% | 23.5% | 2.6pp | -4.7pp |
| Net Margin | 6.9% | 5.9% | 11.0% | 1.1pp | -4.1pp |
| EPS (Diluted) | $3.74 | $3.07 | $5.29 | 21.8% | -29.3% |
| Free Cash Flow | $248M | -$168M | -$209M | 247.6% | 218.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $417M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $209M |
| SG&A Expenses | $209M |
| Other Expenses | $0 |
| Operating Expenses | $209M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $154M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $154M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $154M |
| D&A | $55M |
| EBIT | $216M |
| EBITDA | $271M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $417M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $209M |
| SG&A Expenses | $209M |
| Other Expenses | $0 |
| Operating Expenses | $209M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $198M |
| Income Tax Expense | $44M |
| Net Income from Continuing Ops | $154M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $154M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $154M |
| D&A | $55M |
| EBIT | $216M |
| EBITDA | $271M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $154M |
| Depreciation & Amortization | $55M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | $137M |
| OPERATING CASH FLOW | $363M |
| Capital Expenditure | -$115M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$109M |
| Net Debt Issuance | -$150M |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$251M |
| FREE CASH FLOW | $248M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $32M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $139M |
| Other Current Assets | $147M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $2.9B |
| Goodwill | $1.4B |
| Intangible Assets | $506M |
| Long-Term Investments | $0 |
| Tax Assets | $102M |
| Other Non-Current Assets | $241M |
| TOTAL NON-CURRENT ASSETS | $5.2B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $616M |
| Short-Term Debt | $0 |
| Deferred Revenue | $344M |
| Other Current Liabilities | $990M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.9B |
| Treasury Stock | -$1.9B |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
