| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | — | -0.4% | — |
| Op. Income | $153M | $170M | — | -10.0% | — |
| Gross Margin | 20.9% | 20.9% | — | 0.1pp | — |
| Net Margin | 4.9% | 7.0% | — | -2.2pp | — |
| EPS (Diluted) | $1.11 | $1.61 | — | -31.1% | — |
| Free Cash Flow | -$33M | $93M | — | -135.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $323M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $170M |
| Operating Expenses | $170M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $153M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $136M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $54M |
| EBIT | $154M |
| EBITDA | $208M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $323M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $170M |
| Operating Expenses | $170M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $153M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$17M |
| INCOME BEFORE TAX | $136M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $54M |
| EBIT | $154M |
| EBITDA | $208M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $50M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$110M |
| OPERATING CASH FLOW | $65M |
| Capital Expenditure | -$98M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$96M |
| Net Debt Issuance | $102M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $62M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $278M |
| Short-Term Investments | $2M |
| Net Receivables | $996M |
| Inventory | $857M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $2.4B |
| Goodwill | $787M |
| Intangible Assets | $427M |
| Long-Term Investments | $0 |
| Tax Assets | $16M |
| Other Non-Current Assets | $179M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $6.0B |
| Account Payables | $0 |
| Short-Term Debt | $77M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $860M |
| TOTAL CURRENT LIABILITIES | $937M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $174M |
| Other Non-Current Liabilities | $228M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $3.8B |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $21M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $6.0B |
| Total Debt | $2.1B |
| Net Debt | $1.8B |
