| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.4B | $2.1B | -8.2% | 6.7% |
| Op. Income | $203M | $258M | $201M | -21.2% | 0.8% |
| Gross Margin | 18.1% | 18.1% | 18.2% | -0.0pp | -0.1pp |
| Net Margin | 6.8% | 8.0% | 7.4% | -1.2pp | -0.5pp |
| EPS (Diluted) | $2.17 | $2.72 | $2.05 | -20.2% | 5.9% |
| Free Cash Flow | $380M | -$76M | $176M | 599.3% | 116.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $397M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $185M |
| Other Expenses | $9M |
| Operating Expenses | $194M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $203M |
| Interest Income | $1M |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $150M |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $29M |
| EBIT | $205M |
| EBITDA | $235M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $397M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $185M |
| Other Expenses | $9M |
| Operating Expenses | $194M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $203M |
| Interest Income | $1M |
| Interest Expense | $13M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $192M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $150M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $150M |
| BOTTOM LINE NET INCOME | $150M |
| D&A | $29M |
| EBIT | $205M |
| EBITDA | $235M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $150M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $700.0K |
| Change in Working Capital | $284M |
| OPERATING CASH FLOW | $463M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$82M |
| Common Stock Repurchased | -$66M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | $600.0K |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $380M |
| Net Change in Cash | $296M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $448M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $1.2B |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $574M |
| Goodwill | $996M |
| Intangible Assets | $432M |
| Long-Term Investments | $31M |
| Tax Assets | $108M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $796M |
| Short-Term Debt | $0 |
| Deferred Revenue | $382M |
| Other Current Liabilities | $307M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $819M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $406M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $809M |
| Retained Earnings | $2.5B |
| Treasury Stock | -$513M |
| Accum. Other Comp. Income | -$202M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $819M |
| Net Debt | $371M |
