| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $2.5B | $3.6B | 38.5% | -2.5% |
| Op. Income | $453M | $330M | $501M | 37.3% | -9.6% |
| Gross Margin | 32.4% | 35.5% | 33.4% | -3.1pp | -1.1pp |
| Net Margin | 6.1% | 6.9% | 7.8% | -0.9pp | -1.7pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $238M | $247M | $149M | -3.6% | 59.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $15M |
| Selling & Marketing | $153M |
| General & Administrative | $1.1B |
| SG&A Expenses | $555M |
| Other Expenses | $0 |
| Operating Expenses | $815M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $453M |
| Interest Income | $0 |
| Interest Expense | $240M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $249M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $91M |
| EBIT | $453M |
| EBITDA | $544M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $2.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $15M |
| Selling & Marketing | $153M |
| General & Administrative | $1.1B |
| SG&A Expenses | $555M |
| Other Expenses | $0 |
| Operating Expenses | $815M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $453M |
| Interest Income | $0 |
| Interest Expense | $240M |
| Other Income/Expenses | -$57M |
| INCOME BEFORE TAX | $249M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $225M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $211M |
| D&A | $91M |
| EBIT | $453M |
| EBITDA | $544M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $211M |
| Depreciation & Amortization | $91M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $242M |
| Change in Working Capital | -$249M |
| OPERATING CASH FLOW | $304M |
| Capital Expenditure | -$66M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$74M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$181M |
| Other Financing Activities | -$24M |
| NET CASH FROM FINANCING | -$221M |
| FREE CASH FLOW | $238M |
| Net Change in Cash | $10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $561M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.2B |
| Other Current Assets | $111M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $1.4B |
| Goodwill | $6.0B |
| Intangible Assets | $3.6B |
| Long-Term Investments | $40M |
| Tax Assets | $0 |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $14.9B |
| Account Payables | $913M |
| Short-Term Debt | -$98M |
| Deferred Revenue | $98M |
| Other Current Liabilities | $509M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $856M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $8.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $9.2B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $130M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $5.3B |
| Net Debt | $4.7B |
