| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.4B | $1.4B | 1.0% | 3.2% |
| Op. Income | $194M | $164M | $190M | 18.0% | 2.0% |
| Gross Margin | 29.3% | 29.1% | 28.1% | 0.2pp | 1.2pp |
| Net Margin | 6.8% | -4.2% | 8.9% | 11.0pp | -2.1pp |
| EPS (Diluted) | $1.38 | $-0.84 | $1.67 | 264.3% | -17.4% |
| Free Cash Flow | $31M | $112M | $160M | -72.2% | -80.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $427M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $233M |
| Other Expenses | -$100.0K |
| Operating Expenses | $233M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $103M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $90M |
| EBIT | $241M |
| EBITDA | $331M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $427M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $233M |
| Other Expenses | -$100.0K |
| Operating Expenses | $233M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $103M |
| Other Income/Expenses | -$56M |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $90M |
| EBIT | $241M |
| EBITDA | $331M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $90M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $108M |
| Capital Expenditure | -$77M |
| Acquisitions (Net) | $100.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$76M |
| Net Debt Issuance | -$556M |
| Common Stock Repurchased | -$232M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | -$275M |
| FREE CASH FLOW | $31M |
| Net Change in Cash | -$239M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $813M |
| Short-Term Investments | $0 |
| Net Receivables | $452M |
| Inventory | $588M |
| Other Current Assets | $3M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $1.8B |
| Goodwill | $4.5B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $139M |
| Tax Assets | $842M |
| Other Non-Current Assets | -$512M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $11.9B |
| Account Payables | $332M |
| Short-Term Debt | $157M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $371M |
| TOTAL CURRENT LIABILITIES | $883M |
| Long-Term Debt | $6.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $842M |
| Other Non-Current Liabilities | $408M |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $307M |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | -$46M |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $11.9B |
| Total Debt | $6.7B |
| Net Debt | $5.9B |
