| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.0B | $1.1B | 20.3% | 10.5% |
| Op. Income | $136M | $69M | $130M | 96.9% | 5.0% |
| Gross Margin | 62.5% | 63.5% | 62.5% | -1.0pp | -0.0pp |
| Net Margin | 5.6% | 4.1% | 7.7% | 1.5pp | -2.1pp |
| EPS (Diluted) | $0.75 | $0.46 | $0.92 | 63.0% | -18.5% |
| Free Cash Flow | $30M | $183M | -$17M | -83.9% | 272.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $451M |
| GROSS PROFIT | $753M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $558M |
| SG&A Expenses | $558M |
| Other Expenses | $59M |
| Operating Expenses | $616M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $136M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | -$10M |
| EBIT | $140M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $451M |
| GROSS PROFIT | $753M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $558M |
| SG&A Expenses | $558M |
| Other Expenses | $59M |
| Operating Expenses | $616M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $136M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | -$10M |
| EBIT | $140M |
| EBITDA | $193M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | -$10M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $88M |
| Change in Working Capital | -$69M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$53M |
| Acquisitions (Net) | -$24M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $14M |
| Other Investing Activities | $14M |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | $33.0K |
| Common Stock Repurchased | -$58M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $281M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $266M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $1.0B |
| Goodwill | $2.9B |
| Intangible Assets | $925M |
| Long-Term Investments | $0 |
| Tax Assets | $80M |
| Other Non-Current Assets | $143M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $7.2B |
| Account Payables | $712M |
| Short-Term Debt | $216M |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $24M |
| Deferred Tax Liabilities | $190M |
| Other Non-Current Liabilities | $266M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $2.0B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$78M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $939M |
| Minority Interest | $0 |
| TOTAL EQUITY | $939M |
| TOTAL LIABILITIES & EQUITY | $7.2B |
| Total Debt | $3.1B |
| Net Debt | $2.8B |
