| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $556M | $563M | $563M | -1.3% | -1.3% |
| Op. Income | $88M | $99M | $68M | -10.6% | 29.5% |
| Gross Margin | 29.3% | 30.3% | 25.0% | -1.0pp | 4.3pp |
| Net Margin | 12.2% | 13.2% | 10.4% | -1.0pp | 1.8pp |
| EPS (Diluted) | $6.06 | $6.63 | $5.12 | -8.6% | 18.4% |
| Free Cash Flow | $69M | $119M | $23M | -42.1% | 201.0% |
| Item | Amount |
|---|---|
| REVENUE | $556M |
| Cost of Revenue | $393M |
| GROSS PROFIT | $163M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $468M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$760.0K |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | -$137.0K |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $22M |
| EBIT | $94M |
| EBITDA | $116M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| REVENUE | $556M |
| Cost of Revenue | $393M |
| GROSS PROFIT | $163M |
| R&D Expenses | $36M |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $75M |
| Cost & Expenses | $468M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$760.0K |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | -$137.0K |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $22M |
| EBIT | $94M |
| EBITDA | $116M |
| EPS | $6 |
| EPS Diluted | $6 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$172.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $83M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$666.0K |
| NET CASH FROM FINANCING | -$61M |
| FREE CASH FLOW | $69M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $80M |
| Short-Term Investments | $0 |
| Net Receivables | $341M |
| Inventory | $371M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $827M |
| PP&E (Net) | $682M |
| Goodwill | $123M |
| Intangible Assets | $10M |
| Long-Term Investments | $101M |
| Tax Assets | $5M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $944M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $155M |
| Short-Term Debt | $0 |
| Deferred Revenue | $108M |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $640M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $177M |
| TOTAL NON-CURRENT LIABILITIES | $861M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $815M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$188M |
| Other Equity | -$2M |
| TOTAL STOCKHOLDERS' EQUITY | $629M |
| Minority Interest | $0 |
| TOTAL EQUITY | $629M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $698M |
| Net Debt | $618M |
