| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | -1.9% | 2.8% |
| Op. Income | $108M | $144M | $148M | -24.5% | -26.9% |
| Gross Margin | 81.2% | 80.4% | 81.0% | 0.7pp | 0.2pp |
| Net Margin | 4.6% | 6.5% | 4.1% | -1.9pp | 0.5pp |
| EPS (Diluted) | $0.40 | $0.58 | $0.34 | -31.0% | 17.6% |
| Free Cash Flow | $130M | $158M | $110M | -17.9% | 17.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $230M |
| GROSS PROFIT | $991M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $486M |
| SG&A Expenses | $528M |
| Other Expenses | $354M |
| Operating Expenses | $882M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $108M |
| Interest Income | $3M |
| Interest Expense | $32M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $24M |
| EBIT | $127M |
| EBITDA | $152M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $230M |
| GROSS PROFIT | $991M |
| R&D Expenses | $0 |
| Selling & Marketing | $41M |
| General & Administrative | $486M |
| SG&A Expenses | $528M |
| Other Expenses | $354M |
| Operating Expenses | $882M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $108M |
| Interest Income | $3M |
| Interest Expense | $32M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $57M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $57M |
| D&A | $24M |
| EBIT | $127M |
| EBITDA | $152M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $57M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $51M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $700.0K |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $130M |
| Net Change in Cash | $124M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $839M |
| Short-Term Investments | $0 |
| Net Receivables | $80M |
| Inventory | $436M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $561M |
| Goodwill | $92M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $228M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $82M |
| Short-Term Debt | $24M |
| Deferred Revenue | $64M |
| Other Current Liabilities | $416M |
| TOTAL CURRENT LIABILITIES | $964M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $155M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $367M |
| Retained Earnings | -$215M |
| Treasury Stock | -$329M |
| Accum. Other Comp. Income | -$213M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$390M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$390M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $2.0B |
| Net Debt | $1.2B |
