| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.5B | $1.2B | -18.4% | -1.6% |
| Op. Income | $194M | $299M | $197M | -35.1% | -1.4% |
| Gross Margin | 38.8% | 42.4% | 37.9% | -3.7pp | 0.9pp |
| Net Margin | 11.9% | 14.4% | 12.0% | -2.4pp | -0.1pp |
| EPS (Diluted) | $0.54 | $0.80 | $0.56 | -32.5% | -3.6% |
| Free Cash Flow | $6M | $386M | $78M | -98.4% | -91.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $742M |
| GROSS PROFIT | $470M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $275M |
| Other Expenses | $1M |
| Operating Expenses | $276M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $42M |
| EBIT | $200M |
| EBITDA | $242M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $742M |
| GROSS PROFIT | $470M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $275M |
| Other Expenses | $1M |
| Operating Expenses | $276M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $35M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $175M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $145M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $145M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $145M |
| D&A | $42M |
| EBIT | $200M |
| EBITDA | $242M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $145M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $700.0K |
| Change in Working Capital | -$149M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $105M |
| Common Stock Repurchased | -$20M |
| Common Dividends Paid | -$82M |
| Other Financing Activities | $8M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $171M |
| Short-Term Investments | $0 |
| Net Receivables | $410M |
| Inventory | $836M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $936M |
| Goodwill | $4.5B |
| Intangible Assets | $2.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $694M |
| TOTAL NON-CURRENT ASSETS | $9.0B |
| TOTAL ASSETS | $10.5B |
| Account Payables | $789M |
| Short-Term Debt | $814M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $699M |
| Other Non-Current Liabilities | $517M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $1.9B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$520M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.6B |
| Minority Interest | $13M |
| TOTAL EQUITY | $3.6B |
| TOTAL LIABILITIES & EQUITY | $10.5B |
| Total Debt | $4.4B |
| Net Debt | $4.3B |
