| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $534M | $556M | $538M | -3.8% | -0.7% |
| Op. Income | $68M | $88M | $76M | -23.4% | -10.9% |
| Gross Margin | 26.8% | 29.3% | 26.3% | -2.4pp | 0.5pp |
| Net Margin | 9.4% | 12.2% | 11.7% | -2.8pp | -2.3pp |
| EPS (Diluted) | $4.48 | $6.06 | $5.58 | -26.1% | -19.7% |
| Free Cash Flow | $82M | $69M | $77M | 18.8% | 5.7% |
| Item | Amount |
|---|---|
| REVENUE | $534M |
| Cost of Revenue | $391M |
| GROSS PROFIT | $143M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $467M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$923.0K |
| 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 | -$93.0K |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $22M |
| EBIT | $73M |
| EBITDA | $95M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $534M |
| Cost of Revenue | $391M |
| GROSS PROFIT | $143M |
| R&D Expenses | $38M |
| Selling & Marketing | $0 |
| General & Administrative | $38M |
| SG&A Expenses | $38M |
| Other Expenses | $0 |
| Operating Expenses | $76M |
| Cost & Expenses | $467M |
| OPERATING INCOME | $68M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$923.0K |
| 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 | -$93.0K |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $22M |
| EBIT | $73M |
| EBITDA | $95M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $104M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | $3M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$21M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$20M |
| FREE CASH FLOW | $82M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $0 |
| Net Receivables | $336M |
| Inventory | $366M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $879M |
| PP&E (Net) | $709M |
| Goodwill | $123M |
| Intangible Assets | $9M |
| Long-Term Investments | $6M |
| Tax Assets | $6M |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $179M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $309M |
| Long-Term Debt | $643M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $57M |
| Other Non-Current Liabilities | $135M |
| TOTAL NON-CURRENT LIABILITIES | $893M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $844M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$163M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $683M |
| Minority Interest | $0 |
| TOTAL EQUITY | $683M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $718M |
| Net Debt | $574M |
