| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.6B | 0.3% | -11.5% |
| Op. Income | $164M | $204M | $192M | -19.4% | -14.7% |
| Gross Margin | 29.1% | 29.3% | 26.5% | -0.3pp | 2.5pp |
| Net Margin | -4.2% | 1.1% | -1.0% | -5.4pp | -3.3pp |
| EPS (Diluted) | $-0.84 | $0.21 | $-0.23 | -500.0% | -265.2% |
| Free Cash Flow | $112M | $233M | $45M | -51.9% | 147.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $419M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $255M |
| Other Expenses | $200.0K |
| Operating Expenses | $255M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $164M |
| Interest Income | $0 |
| Interest Expense | $92M |
| Other Income/Expenses | -$268M |
| INCOME BEFORE TAX | -$104M |
| Income Tax Expense | -$44M |
| Net Income from Continuing Ops | -$61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$61M |
| D&A | $92M |
| EBIT | -$900.0K |
| EBITDA | $91M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$61M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$41M |
| Other Non-Cash Items | $185M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $183M |
| Capital Expenditure | -$71M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$70M |
| Net Debt Issuance | $742M |
| Common Stock Repurchased | -$237M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$200.0K |
| NET CASH FROM FINANCING | $575M |
| FREE CASH FLOW | $112M |
| Net Change in Cash | $688M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $0 |
| Net Receivables | $445M |
| Inventory | $580M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.7B |
| Goodwill | $4.4B |
| Intangible Assets | $3.3B |
| Long-Term Investments | $146M |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $9.8B |
| TOTAL ASSETS | $12.0B |
| Account Payables | $396M |
| Short-Term Debt | $14M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $313M |
| TOTAL CURRENT LIABILITIES | $803M |
| Long-Term Debt | $7.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $689M |
| Other Non-Current Liabilities | $457M |
| TOTAL NON-CURRENT LIABILITIES | $8.2B |
| TOTAL LIABILITIES | $9.0B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $3.7B |
| Retained Earnings | $208M |
| Treasury Stock | -$921M |
| Accum. Other Comp. Income | -$97M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $11M |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $12.0B |
| Total Debt | $7.1B |
| Net Debt | $6.0B |
