| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $5.4B | $5.5B | -6.5% | -8.6% |
| Op. Income | $106M | $218M | $154M | -51.6% | -31.4% |
| Gross Margin | 16.0% | 16.3% | 16.0% | -0.4pp | -0.1pp |
| Net Margin | 1.1% | 2.9% | 1.8% | -1.9pp | -0.7pp |
| EPS (Diluted) | $0.88 | $2.54 | $1.45 | -65.4% | -39.3% |
| Free Cash Flow | $92M | $156M | -$71M | -41.2% | 229.3% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $805M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $699M |
| SG&A Expenses | $699M |
| Other Expenses | $0 |
| Operating Expenses | $699M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $106M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $19M |
| EBIT | $104M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $805M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $699M |
| SG&A Expenses | $699M |
| Other Expenses | $0 |
| Operating Expenses | $699M |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | $106M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $19M |
| EBIT | $104M |
| EBITDA | $123M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $42M |
| Change in Working Capital | -$19M |
| OPERATING CASH FLOW | $102M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | -$101M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$104M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | -$26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $566M |
| Short-Term Investments | $0 |
| Net Receivables | $5.2B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $579M |
| Goodwill | $1.3B |
| Intangible Assets | $238M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $671M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $8.8B |
| Account Payables | $2.3B |
| Short-Term Debt | $53M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $39M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $629M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$3.6B |
| Accum. Other Comp. Income | -$402M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $74M |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $1.4B |
| Net Debt | $799M |
