| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $810M | $800M | $771M | 1.3% | 5.1% |
| Op. Income | $38M | $34M | $37M | 9.1% | 1.5% |
| Gross Margin | 9.6% | 8.9% | 9.5% | 0.7pp | 0.1pp |
| Net Margin | 4.5% | 3.1% | 9.4% | 1.4pp | -4.9pp |
| EPS (Diluted) | $1.23 | $0.81 | $2.20 | 51.9% | -44.1% |
| Free Cash Flow | $92M | $22M | $15M | 328.8% | 529.5% |
| Item | Amount |
|---|---|
| REVENUE | $810M |
| Cost of Revenue | $732M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $2M |
| Operating Expenses | $40M |
| Cost & Expenses | $771M |
| OPERATING INCOME | $38M |
| Interest Income | $539.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $13M |
| EBIT | $39M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $810M |
| Cost of Revenue | $732M |
| GROSS PROFIT | $78M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $2M |
| Operating Expenses | $40M |
| Cost & Expenses | $771M |
| OPERATING INCOME | $38M |
| Interest Income | $539.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $37M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $37M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $37M |
| D&A | $13M |
| EBIT | $39M |
| EBITDA | $53M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $37M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$12M |
| Other Non-Cash Items | $56.0K |
| Change in Working Capital | $64M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$99.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$39M |
| Common Stock Repurchased | -$31M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $676.0K |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | $21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $224M |
| Short-Term Investments | $0 |
| Net Receivables | $579M |
| Inventory | $701M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $384M |
| Goodwill | $0 |
| Intangible Assets | $7M |
| Long-Term Investments | $0 |
| Tax Assets | $14M |
| Other Non-Current Assets | $58M |
| TOTAL NON-CURRENT ASSETS | $463M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $445M |
| Short-Term Debt | $101M |
| Deferred Revenue | $140M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $866M |
| Long-Term Debt | $187M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $77M |
| TOTAL NON-CURRENT LIABILITIES | $270M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $529.0K |
| Additional Paid-In Capital | $597M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$893M |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $866M |
| Minority Interest | $0 |
| TOTAL EQUITY | $866M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $288M |
| Net Debt | $64M |
