| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.2B | -4.3% | -1.1% |
| Op. Income | $78M | $157M | $195M | -50.5% | -60.1% |
| Gross Margin | 17.4% | 22.8% | 26.4% | -5.4pp | -9.0pp |
| Net Margin | 5.2% | 9.8% | 12.6% | -4.5pp | -7.3pp |
| EPS (Diluted) | $0.95 | $1.85 | $2.35 | -48.6% | -59.6% |
| Free Cash Flow | $42M | $138M | $80M | -69.3% | -47.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $65M |
| Operating Expenses | $136M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $13M |
| EBIT | $85M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $213M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $65M |
| Operating Expenses | $136M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $78M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $13M |
| EBIT | $85M |
| EBITDA | $98M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $113M |
| Change in Working Capital | -$127M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$793M |
| Sales/Maturities of Investments | $903M |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | $94M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$96M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $124M |
| NET CASH FROM FINANCING | $8M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | $165M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $301M |
| Short-Term Investments | $167M |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | -$1.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $8.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$9.3B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $12.9B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$783M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $778M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $116M |
| Other Non-Current Liabilities | -$894M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $175M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $12.9B |
| Total Debt | $778M |
| Net Debt | $477M |
