| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.8B | — | 4.2% | — |
| Op. Income | $44M | $72M | — | -38.4% | — |
| Gross Margin | 14.4% | 15.0% | — | -0.6pp | — |
| Net Margin | 1.4% | 2.7% | — | -1.3pp | — |
| EPS (Diluted) | $0.76 | $1.38 | — | -44.9% | — |
| Free Cash Flow | -$20M | $55M | — | -136.6% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $210M |
| SG&A Expenses | $213M |
| Other Expenses | $147.0K |
| Operating Expenses | $223M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $44M |
| Interest Income | $393.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $11M |
| EBIT | $45M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $276M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $210M |
| SG&A Expenses | $213M |
| Other Expenses | $147.0K |
| Operating Expenses | $223M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $44M |
| Interest Income | $393.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $37M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $11M |
| EBIT | $45M |
| EBITDA | $56M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | -$14M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | -$661M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$667M |
| Net Debt Issuance | $828M |
| Common Stock Repurchased | -$28M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$87M |
| NET CASH FROM FINANCING | $713M |
| FREE CASH FLOW | -$20M |
| Net Change in Cash | $28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $141M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $220M |
| Other Current Assets | $121M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $170M |
| Goodwill | $358M |
| Intangible Assets | $350M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $298M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $1.2B |
| Short-Term Debt | $209M |
| Deferred Revenue | $68M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $836M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $59M |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $353.0K |
| Additional Paid-In Capital | $353M |
| Retained Earnings | $798M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$49M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $837M |
| Net Debt | $696M |
