| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $513M | $525M | $531M | -2.2% | -3.3% |
| Op. Income | $34M | $59M | $14M | -41.7% | 139.5% |
| Gross Margin | 28.7% | 34.2% | 27.7% | -5.4pp | 1.1pp |
| Net Margin | 4.7% | 8.2% | 2.3% | -3.5pp | 2.5pp |
| EPS (Diluted) | $1.61 | $2.77 | $0.74 | -41.9% | 117.6% |
| Free Cash Flow | -$15M | $57M | $41M | -126.0% | -136.1% |
| Item | Amount |
|---|---|
| REVENUE | $513M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $34M |
| Interest Income | $56.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $56M |
| EBIT | $30M |
| EBITDA | $85M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $513M |
| Cost of Revenue | $366M |
| GROSS PROFIT | $147M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $479M |
| OPERATING INCOME | $34M |
| Interest Income | $56.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $24M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $24M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $24M |
| D&A | $56M |
| EBIT | $30M |
| EBITDA | $85M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $24M |
| Depreciation & Amortization | $168M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $5M |
| Other Non-Cash Items | -$108M |
| Change in Working Capital | -$15M |
| OPERATING CASH FLOW | $77M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $77M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$13M |
| Common Stock Repurchased | -$38M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | -$15M |
| Net Change in Cash | $2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $33M |
| Inventory | $327M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $450M |
| PP&E (Net) | $631M |
| Goodwill | $0 |
| Intangible Assets | $73M |
| Long-Term Investments | $0 |
| Tax Assets | $13M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $732M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $213M |
| Short-Term Debt | $293M |
| Deferred Revenue | $4M |
| Other Current Liabilities | $62M |
| TOTAL CURRENT LIABILITIES | $595M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $27M |
| TOTAL NON-CURRENT LIABILITIES | $351M |
| TOTAL LIABILITIES | $946M |
| Common Stock | $1M |
| Additional Paid-In Capital | $139M |
| Retained Earnings | $108M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $235M |
| Minority Interest | $0 |
| TOTAL EQUITY | $235M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $605M |
| Net Debt | $536M |
