| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.0B | $925M | 0.0% | 12.8% |
| Op. Income | $35M | $39M | $48M | -10.3% | -27.8% |
| Gross Margin | 16.3% | 16.7% | 17.9% | -0.3pp | -1.6pp |
| Net Margin | 2.5% | 2.7% | 3.9% | -0.3pp | -1.4pp |
| EPS (Diluted) | $0.63 | $0.69 | $0.86 | -8.7% | -26.7% |
| Free Cash Flow | -$44M | -$57M | $46M | 22.4% | -196.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $873M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $116M |
| SG&A Expenses | $128M |
| Other Expenses | $7M |
| Operating Expenses | $136M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $35M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $452.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $7M |
| EBIT | $37M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $873M |
| GROSS PROFIT | $171M |
| R&D Expenses | $0 |
| Selling & Marketing | $13M |
| General & Administrative | $116M |
| SG&A Expenses | $128M |
| Other Expenses | $7M |
| Operating Expenses | $136M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $35M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $452.0K |
| INCOME BEFORE TAX | $35M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $26M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $26M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $26M |
| D&A | $7M |
| EBIT | $37M |
| EBITDA | $45M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $26M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $399.0K |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | -$25M |
| Capital Expenditure | -$19M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$30M |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | $370.0K |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | -$115M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$97M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $243M |
| Short-Term Investments | $61M |
| Net Receivables | $496M |
| Inventory | $67M |
| Other Current Assets | $72M |
| TOTAL CURRENT ASSETS | $894M |
| PP&E (Net) | $193M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $186M |
| Tax Assets | $157.0K |
| Other Non-Current Assets | $7M |
| TOTAL NON-CURRENT ASSETS | $398M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $5M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $49M |
| TOTAL CURRENT LIABILITIES | $761M |
| Long-Term Debt | $239M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $190M |
| TOTAL NON-CURRENT LIABILITIES | $490M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $46M |
| Retained Earnings | $491M |
| Treasury Stock | -$497M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $41M |
| Minority Interest | $0 |
| TOTAL EQUITY | $41M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $300M |
| Net Debt | $56M |
