| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $916M | $883M | $748M | 3.7% | 22.5% |
| Op. Income | $176M | $168M | $136M | 4.7% | 29.4% |
| Gross Margin | 55.1% | 55.0% | 54.4% | 0.1pp | 0.7pp |
| Net Margin | 13.8% | 14.1% | 12.6% | -0.4pp | 1.1pp |
| EPS (Diluted) | $0.96 | $0.96 | $0.71 | 0.0% | 35.2% |
| Free Cash Flow | -$33M | $46M | $34M | -173.4% | -197.9% |
| Item | Amount |
|---|---|
| REVENUE | $916M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $505M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $329M |
| Other Expenses | $7.0K |
| Operating Expenses | $329M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $44M |
| EBIT | $176M |
| EBITDA | $220M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $916M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $505M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $329M |
| Other Expenses | $7.0K |
| Operating Expenses | $329M |
| Cost & Expenses | $740M |
| OPERATING INCOME | $176M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $178M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $126M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $126M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $126M |
| D&A | $44M |
| EBIT | $176M |
| EBITDA | $220M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $126M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$141M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$78M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | -$2M |
| Other Investing Activities | -$369.0K |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$577.0K |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | -$33M |
| Net Change in Cash | -$38M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $586M |
| Short-Term Investments | $0 |
| Net Receivables | $162M |
| Inventory | $627M |
| Other Current Assets | -$51M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $1.3B |
| Goodwill | $24M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $116M |
| Short-Term Debt | $0 |
| Deferred Revenue | $85M |
| Other Current Liabilities | $116M |
| TOTAL CURRENT LIABILITIES | $575M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $14M |
| Other Non-Current Liabilities | $54M |
| TOTAL NON-CURRENT LIABILITIES | $632M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $617.0K |
| Additional Paid-In Capital | $343M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$218M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $695M |
| Net Debt | $109M |
