| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $755M | $765M | — | -1.4% | — |
| Op. Income | $85M | $70M | — | 20.5% | — |
| Gross Margin | 28.0% | 27.1% | — | 0.9pp | — |
| Net Margin | 6.6% | 6.0% | — | 0.6pp | — |
| EPS (Diluted) | $1.44 | $1.31 | — | 9.9% | — |
| Free Cash Flow | $15M | $25M | — | -40.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $755M |
| Cost of Revenue | $544M |
| GROSS PROFIT | $211M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $670M |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $17M |
| 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 | $22M |
| EBIT | $77M |
| EBITDA | $99M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $755M |
| Cost of Revenue | $544M |
| GROSS PROFIT | $211M |
| R&D Expenses | $28M |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $0 |
| Operating Expenses | $127M |
| Cost & Expenses | $670M |
| OPERATING INCOME | $85M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$18M |
| INCOME BEFORE TAX | $67M |
| Income Tax Expense | $17M |
| 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 | $22M |
| EBIT | $77M |
| EBITDA | $99M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $42M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | -$54M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$85M |
| Net Debt Issuance | $147M |
| Common Stock Repurchased | -$60M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $76M |
| FREE CASH FLOW | $15M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $124M |
| Short-Term Investments | $0 |
| Net Receivables | $989M |
| Inventory | $559M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $676M |
| Goodwill | $813M |
| Intangible Assets | $104M |
| Long-Term Investments | $0 |
| Tax Assets | $20M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $3.3B |
| Account Payables | $232M |
| Short-Term Debt | $0 |
| Deferred Revenue | $177M |
| Other Current Liabilities | $218M |
| TOTAL CURRENT LIABILITIES | $733M |
| Long-Term Debt | $978M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $246M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $2.0B |
| Common Stock | $51M |
| Additional Paid-In Capital | $519M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$828M |
| Accum. Other Comp. Income | -$575M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.3B |
| Total Debt | $978M |
| Net Debt | $853M |
