| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.4B | $5.4B | $5.6B | -0.5% | -4.3% |
| Op. Income | $218M | $217M | $239M | 0.6% | -8.7% |
| Gross Margin | 16.3% | 16.4% | 16.6% | -0.1pp | -0.3pp |
| Net Margin | 2.9% | 2.9% | 3.8% | 0.0pp | -0.9pp |
| EPS (Diluted) | $2.54 | $2.43 | $3.22 | 4.5% | -21.1% |
| Free Cash Flow | $156M | $113M | $99M | 37.7% | 57.9% |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $880M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $662M |
| SG&A Expenses | $662M |
| Other Expenses | $0 |
| Operating Expenses | $662M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $218M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $21M |
| EBIT | $218M |
| EBITDA | $245M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $5.4B |
| Cost of Revenue | $4.5B |
| GROSS PROFIT | $880M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $662M |
| SG&A Expenses | $662M |
| Other Expenses | $0 |
| Operating Expenses | $662M |
| Cost & Expenses | $5.2B |
| OPERATING INCOME | $218M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $214M |
| Income Tax Expense | $56M |
| Net Income from Continuing Ops | $158M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $158M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $158M |
| D&A | $21M |
| EBIT | $218M |
| EBITDA | $245M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $158M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | -$12M |
| OPERATING CASH FLOW | $181M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | -$900.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | $8M |
| Common Stock Repurchased | -$202M |
| Common Dividends Paid | -$61M |
| Other Financing Activities | $400.0K |
| NET CASH FROM FINANCING | -$254M |
| FREE CASH FLOW | $156M |
| Net Change in Cash | -$91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $592M |
| Short-Term Investments | $0 |
| Net Receivables | $5.3B |
| Inventory | $0 |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $6.0B |
| PP&E (Net) | $153M |
| Goodwill | $1.3B |
| Intangible Assets | $246M |
| Long-Term Investments | $161M |
| Tax Assets | -$161M |
| Other Non-Current Assets | $827M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $8.5B |
| Account Payables | $2.3B |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $920M |
| TOTAL CURRENT LIABILITIES | $4.2B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $620M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $3.2B |
| Treasury Stock | -$3.5B |
| Accum. Other Comp. Income | -$400M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $74M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $8.5B |
| Total Debt | $1.1B |
| Net Debt | $484M |
