| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $2.8B | — | 10.3% | — |
| Op. Income | $86M | $188M | — | -54.4% | — |
| Gross Margin | 6.6% | 10.2% | — | -3.6pp | — |
| Net Margin | 3.0% | 4.0% | — | -0.9pp | — |
| EPS (Diluted) | $0.37 | $0.44 | — | -15.9% | — |
| Free Cash Flow | $42M | $51M | — | -18.4% | — |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $201M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $6.0K |
| Operating Expenses | $116M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $86M |
| Interest Income | $3M |
| Interest Expense | $33M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $77M |
| EBIT | $144M |
| EBITDA | $221M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $201M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $116M |
| Other Expenses | $6.0K |
| Operating Expenses | $116M |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $86M |
| Interest Income | $3M |
| Interest Expense | $33M |
| Other Income/Expenses | $25M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $77M |
| EBIT | $144M |
| EBITDA | $221M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $77M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $40M |
| Other Non-Cash Items | -$63M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $131M |
| Capital Expenditure | -$89M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$384M |
| NET CASH FROM INVESTING | -$474M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $42M |
| Net Change in Cash | -$344M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $261M |
| Short-Term Investments | $0 |
| Net Receivables | $802M |
| Inventory | $1.4B |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $2.6B |
| PP&E (Net) | $2.9B |
| Goodwill | $974M |
| Intangible Assets | $596M |
| Long-Term Investments | $0 |
| Tax Assets | $4M |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $7.1B |
| Account Payables | $875M |
| Short-Term Debt | $26M |
| Deferred Revenue | $42M |
| Other Current Liabilities | $243M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $302M |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $3M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $878M |
| Treasury Stock | -$235M |
| Accum. Other Comp. Income | -$75M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $10M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $7.1B |
| Total Debt | $2.6B |
| Net Debt | $2.3B |
