| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.4B | -1.4% | -5.9% |
| Op. Income | $185M | $194M | $147M | -4.6% | 25.9% |
| Gross Margin | 32.6% | 29.2% | 29.5% | 3.4pp | 3.1pp |
| Net Margin | 10.6% | 11.1% | 7.9% | -0.4pp | 2.8pp |
| EPS (Diluted) | $0.63 | $0.64 | $0.43 | -1.6% | 46.5% |
| Free Cash Flow | $309M | $334M | $173M | -7.5% | 78.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $918M |
| GROSS PROFIT | $444M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $139M |
| Operating Expenses | $259M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $185M |
| Interest Income | $1.2B |
| Interest Expense | $854M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $40M |
| 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 | $0 |
| EBIT | $185M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $918M |
| GROSS PROFIT | $444M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $120M |
| SG&A Expenses | $120M |
| Other Expenses | $139M |
| Operating Expenses | $259M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $185M |
| Interest Income | $1.2B |
| Interest Expense | $854M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $185M |
| Income Tax Expense | $40M |
| 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 | $0 |
| EBIT | $185M |
| EBITDA | $185M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $144M |
| Depreciation & Amortization | $1M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $107M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $309M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.5B |
| NET CASH FROM INVESTING | $1.5B |
| Net Debt Issuance | -$1.7B |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$101M |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $309M |
| Net Change in Cash | -$166M |
