| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.4B | -2.6% | 5.5% |
| Op. Income | $192M | $188M | $159M | 2.1% | 20.8% |
| Gross Margin | 13.8% | 13.9% | 14.6% | -0.1pp | -0.8pp |
| Net Margin | 7.3% | 7.1% | 4.2% | 0.2pp | 3.2pp |
| EPS (Diluted) | $1.29 | $1.25 | $0.66 | 3.2% | 95.5% |
| Free Cash Flow | $258M | $84M | $7M | 207.1% | 3585.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $356M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $166M |
| SG&A Expenses | $166M |
| Other Expenses | -$2M |
| Operating Expenses | $164M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $246M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $189M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $189M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $189M |
| D&A | $58M |
| EBIT | $284M |
| EBITDA | $342M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $356M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $166M |
| SG&A Expenses | $166M |
| Other Expenses | -$2M |
| Operating Expenses | $164M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $38M |
| Other Income/Expenses | $54M |
| INCOME BEFORE TAX | $246M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $189M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $189M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $189M |
| D&A | $58M |
| EBIT | $284M |
| EBITDA | $342M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $189M |
| Depreciation & Amortization | $58M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$88M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $114M |
| OPERATING CASH FLOW | $288M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $171M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $96M |
| NET CASH FROM INVESTING | $237M |
| Net Debt Issuance | -$31M |
| Common Stock Repurchased | -$222M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$297M |
| FREE CASH FLOW | $258M |
| Net Change in Cash | $228M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $536M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $430M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $626M |
| Goodwill | $4.9B |
| Intangible Assets | $613M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $390M |
| TOTAL NON-CURRENT ASSETS | $6.5B |
| TOTAL ASSETS | $9.4B |
| Account Payables | $1.9B |
| Short-Term Debt | $66M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $3.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $194M |
| Other Non-Current Liabilities | $276M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $6.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $562M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $3M |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $9.4B |
| Total Debt | $3.3B |
| Net Debt | $2.8B |
