| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | 0.4% | 0.1% |
| Op. Income | $144M | $153M | $187M | -6.2% | -23.3% |
| Gross Margin | 80.4% | 80.4% | 82.5% | 0.1pp | -2.0pp |
| Net Margin | 6.5% | 6.2% | 5.7% | 0.4pp | 0.8pp |
| EPS (Diluted) | $0.58 | $0.54 | $0.49 | 7.4% | 18.4% |
| Free Cash Flow | $158M | $52M | $142M | 206.8% | 11.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $500M |
| Other Expenses | $1M |
| Operating Expenses | $858M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $144M |
| Interest Income | $5M |
| Interest Expense | $37M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $24M |
| EBIT | $144M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $500M |
| Other Expenses | $1M |
| Operating Expenses | $858M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $144M |
| Interest Income | $5M |
| Interest Expense | $37M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $113M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $24M |
| EBIT | $144M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $17M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $186M |
| Capital Expenditure | -$28M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$682M |
| Common Stock Repurchased | -$900.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$682M |
| FREE CASH FLOW | $158M |
| Net Change in Cash | -$539M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $715M |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $420M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $543M |
| Goodwill | $89M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $214M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.5B |
| Account Payables | $76M |
| Short-Term Debt | $24M |
| Deferred Revenue | $85M |
| Other Current Liabilities | $682M |
| TOTAL CURRENT LIABILITIES | $921M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $148M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $364M |
| Retained Earnings | -$272M |
| Treasury Stock | -$329M |
| Accum. Other Comp. Income | -$230M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$468M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$468M |
| TOTAL LIABILITIES & EQUITY | $2.5B |
| Total Debt | $2.0B |
| Net Debt | $1.3B |
