| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $2.2B | $1.8B | -22.8% | -6.0% |
| Op. Income | $109M | $203M | $161M | -46.3% | -32.0% |
| Gross Margin | 17.1% | 18.1% | 18.2% | -1.0pp | -1.1pp |
| Net Margin | 4.5% | 6.8% | 6.0% | -2.4pp | -1.6pp |
| EPS (Diluted) | $1.10 | $2.17 | $1.51 | -49.3% | -27.2% |
| Free Cash Flow | -$191M | $380M | -$105M | -150.3% | -82.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $7M |
| Operating Expenses | $180M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $109M |
| Interest Income | $1M |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $76M |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $28M |
| EBIT | $110M |
| EBITDA | $138M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $173M |
| Other Expenses | $7M |
| Operating Expenses | $180M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $109M |
| Interest Income | $1M |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $96M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $76M |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $28M |
| EBIT | $110M |
| EBITDA | $138M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $800.0K |
| Other Non-Cash Items | -$10M |
| Change in Working Capital | -$254M |
| OPERATING CASH FLOW | -$150M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $28M |
| NET CASH FROM INVESTING | -$13M |
| Common Stock Repurchased | -$18M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $15M |
| NET CASH FROM FINANCING | -$24M |
| FREE CASH FLOW | -$191M |
| Net Change in Cash | -$184M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $264M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $1.4B |
| Other Current Assets | $80M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $559M |
| Goodwill | $1.0B |
| Intangible Assets | $426M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $340M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $5.6B |
| Account Payables | $613M |
| Short-Term Debt | $0 |
| Deferred Revenue | $407M |
| Other Current Liabilities | $331M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $819M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $547M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $794M |
| Retained Earnings | $2.6B |
| Treasury Stock | -$492M |
| Accum. Other Comp. Income | -$182M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $5.6B |
| Total Debt | $819M |
| Net Debt | $555M |
