| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.7B | $3.5B | -5.4% | -1.2% |
| Op. Income | $74M | $121M | $113M | -39.1% | -35.0% |
| Gross Margin | 8.3% | 9.2% | 9.2% | -0.9pp | -0.9pp |
| Net Margin | 1.4% | 1.9% | 2.2% | -0.5pp | -0.8pp |
| EPS (Diluted) | $1.54 | $2.18 | $2.38 | -29.4% | -35.3% |
| Free Cash Flow | $11M | $60M | $116M | -82.2% | -90.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $176M |
| Operating Expenses | $215M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $74M |
| Interest Income | $800.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $39M |
| EBIT | $75M |
| EBITDA | $113M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $289M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $39M |
| SG&A Expenses | $39M |
| Other Expenses | $176M |
| Operating Expenses | $215M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $74M |
| Interest Income | $800.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $39M |
| EBIT | $75M |
| EBITDA | $113M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | -$5M |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$42M |
| OPERATING CASH FLOW | $62M |
| Capital Expenditure | -$51M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$51M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $22M |
| FREE CASH FLOW | $11M |
| Net Change in Cash | $33M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $280M |
| Short-Term Investments | $0 |
| Net Receivables | $173M |
| Inventory | $228M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $711M |
| PP&E (Net) | $1.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $281M |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $505M |
| Long-Term Debt | $998M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $261M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $539M |
| Retained Earnings | $1.4B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $700.0K |
| Other Equity | $1 |
| TOTAL STOCKHOLDERS' EQUITY | $803M |
| Minority Interest | $0 |
| TOTAL EQUITY | $803M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $1.2B |
| Net Debt | $883M |
