| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $542M | $460M | $525M | 17.8% | 3.2% |
| Op. Income | $88M | $57M | $91M | 54.4% | -3.3% |
| Gross Margin | 55.2% | 58.5% | 50.9% | -3.3pp | 4.3pp |
| Net Margin | 10.1% | 5.4% | 10.1% | 4.7pp | 0.1pp |
| EPS (Diluted) | $0.61 | $0.28 | $0.59 | 117.9% | 3.4% |
| Free Cash Flow | $52M | $37M | $63M | 40.5% | -17.5% |
| Item | Amount |
|---|---|
| REVENUE | $542M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $299M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $136M |
| Operating Expenses | $211M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $103M |
| EBIT | $87M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $542M |
| Cost of Revenue | $243M |
| GROSS PROFIT | $299M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $136M |
| Operating Expenses | $211M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $88M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $103M |
| EBIT | $87M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $103M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $188M |
| Capital Expenditure | -$136M |
| Acquisitions (Net) | $136M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$136M |
| NET CASH FROM INVESTING | -$135M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $234M |
| Inventory | $91M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $416M |
| PP&E (Net) | $7.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $672M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $128M |
| Short-Term Debt | $50M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $209M |
| TOTAL CURRENT LIABILITIES | $514M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $378M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $5.1B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.6B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
