| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $625M | $586M | $526M | 6.6% | 18.8% |
| Op. Income | $23M | $98M | -$96M | -76.7% | 123.7% |
| Gross Margin | 33.7% | 32.8% | 36.3% | 0.9pp | -2.6pp |
| Net Margin | 0.1% | 11.6% | -11.0% | -11.5pp | 11.1pp |
| EPS (Diluted) | $0.01 | $0.15 | $-0.13 | -95.7% | 105.0% |
| Free Cash Flow | -$92M | $34M | $700.0K | -369.4% | -13185.7% |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $414M |
| GROSS PROFIT | $211M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $102M |
| Other Expenses | $76M |
| Operating Expenses | $188M |
| Cost & Expenses | $602M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $800.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $800.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $800.0K |
| D&A | $31M |
| EBIT | $24M |
| EBITDA | $55M |
| EPS | -$0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $625M |
| Cost of Revenue | $414M |
| GROSS PROFIT | $211M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $102M |
| Other Expenses | $76M |
| Operating Expenses | $188M |
| Cost & Expenses | $602M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $15M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $9M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $800.0K |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $800.0K |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $800.0K |
| D&A | $31M |
| EBIT | $24M |
| EBITDA | $55M |
| EPS | -$0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $800.0K |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $59M |
| Change in Working Capital | -$107M |
| OPERATING CASH FLOW | -$15M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $36M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$42M |
| Net Debt Issuance | $80M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$44M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $36M |
| FREE CASH FLOW | -$92M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $243M |
| Inventory | $317M |
| Other Current Assets | $84M |
| TOTAL CURRENT ASSETS | $754M |
| PP&E (Net) | $1.4B |
| Goodwill | $201M |
| Intangible Assets | $174M |
| Long-Term Investments | $0 |
| Tax Assets | $1.4B |
| Other Non-Current Assets | $72M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $142M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $483M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $230M |
| Additional Paid-In Capital | $198M |
| Retained Earnings | $577M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$30M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $974M |
| Minority Interest | $0 |
| TOTAL EQUITY | $974M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
