| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $996M | $1.0B | $1.2B | -1.7% | -15.8% |
| Op. Income | $67M | $71M | $86M | -5.8% | -22.7% |
| Gross Margin | 21.0% | 21.2% | 21.5% | -0.2pp | -0.5pp |
| Net Margin | 5.0% | 5.3% | 5.8% | -0.2pp | -0.7pp |
| EPS (Diluted) | $1.27 | $1.35 | $1.68 | -5.9% | -24.4% |
| Free Cash Flow | $43M | $71M | $91M | -39.3% | -53.0% |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $787M |
| GROSS PROFIT | $209M |
| R&D Expenses | $0 |
| Selling & Marketing | $84M |
| General & Administrative | $38M |
| SG&A Expenses | $123M |
| Other Expenses | $20M |
| Operating Expenses | $143M |
| Cost & Expenses | $930M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $863.0K |
| Other Income/Expenses | -$863.0K |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $11M |
| EBIT | $67M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $996M |
| Cost of Revenue | $787M |
| GROSS PROFIT | $209M |
| R&D Expenses | $0 |
| Selling & Marketing | $84M |
| General & Administrative | $38M |
| SG&A Expenses | $123M |
| Other Expenses | $20M |
| Operating Expenses | $143M |
| Cost & Expenses | $930M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $863.0K |
| Other Income/Expenses | -$863.0K |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $11M |
| EBIT | $67M |
| EBITDA | $78M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | -$234.0K |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$7M |
| Sales/Maturities of Investments | $6M |
| Other Investing Activities | $370.0K |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$629.0K |
| Common Dividends Paid | -$7M |
| Other Financing Activities | -$7.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $320M |
| Short-Term Investments | $33M |
| Net Receivables | $624M |
| Inventory | $0 |
| Other Current Assets | $21M |
| TOTAL CURRENT ASSETS | $998M |
| PP&E (Net) | $289M |
| Goodwill | $39M |
| Intangible Assets | $0 |
| Long-Term Investments | $85M |
| Tax Assets | $0 |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $430M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $272M |
| Short-Term Debt | $97M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $174M |
| TOTAL CURRENT LIABILITIES | $553M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $81M |
| TOTAL NON-CURRENT LIABILITIES | $153M |
| TOTAL LIABILITIES | $706M |
| Common Stock | $681.0K |
| Additional Paid-In Capital | $226M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $721M |
| Minority Interest | $0 |
| TOTAL EQUITY | $721M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $169M |
| Net Debt | -$150M |
