| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 1.9% | 6.4% |
| Op. Income | $210M | $229M | $179M | -8.3% | 17.2% |
| Gross Margin | 28.6% | 29.1% | 27.4% | -0.5pp | 1.1pp |
| Net Margin | 9.3% | 10.5% | 8.0% | -1.2pp | 1.3pp |
| EPS (Diluted) | $1.57 | $1.71 | $1.19 | -8.2% | 31.9% |
| Free Cash Flow | $523M | -$123M | $100M | 526.2% | 426.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $404M |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $65M |
| SG&A Expenses | $126M |
| Other Expenses | $68M |
| Operating Expenses | $194M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $210M |
| Interest Income | $12M |
| Interest Expense | $32M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $40M |
| EBIT | $210M |
| EBITDA | $250M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $404M |
| R&D Expenses | $0 |
| Selling & Marketing | $62M |
| General & Administrative | $65M |
| SG&A Expenses | $126M |
| Other Expenses | $68M |
| Operating Expenses | $194M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $210M |
| Interest Income | $12M |
| Interest Expense | $32M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $132M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $132M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $132M |
| D&A | $40M |
| EBIT | $210M |
| EBITDA | $250M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $132M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $84.0K |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $360M |
| OPERATING CASH FLOW | $564M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$25M |
| NET CASH FROM INVESTING | -$67M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $523M |
| Net Change in Cash | $347M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $930M |
| Short-Term Investments | $33M |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $584M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $609M |
| Goodwill | $1.5B |
| Intangible Assets | $456M |
| Long-Term Investments | $8M |
| Tax Assets | $0 |
| Other Non-Current Assets | $352M |
| TOTAL NON-CURRENT ASSETS | $2.9B |
| TOTAL ASSETS | $5.7B |
| Account Payables | $1.7B |
| Short-Term Debt | $0 |
| Deferred Revenue | $85M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $85M |
| Deferred Tax Liabilities | $21M |
| Other Non-Current Liabilities | -$85M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $126.0K |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$2.1B |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $5.7B |
| Total Debt | $2.6B |
| Net Debt | $1.7B |
