| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $678M | $707M | — | -4.1% | — |
| Op. Income | $87M | $106M | — | -17.8% | — |
| Gross Margin | 41.9% | 41.7% | — | 0.2pp | — |
| Net Margin | 7.7% | 9.0% | — | -1.3pp | — |
| EPS (Diluted) | $2.17 | $2.86 | — | -24.1% | — |
| Free Cash Flow | $75M | $41M | — | 82.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $678M |
| Cost of Revenue | $393M |
| GROSS PROFIT | $284M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $197M |
| Other Expenses | $0 |
| Operating Expenses | $197M |
| Cost & Expenses | $590M |
| OPERATING INCOME | $87M |
| Interest Income | $479.0K |
| Interest Expense | $22M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $39M |
| EBIT | $83M |
| EBITDA | $122M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $678M |
| Cost of Revenue | $393M |
| GROSS PROFIT | $284M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $197M |
| Other Expenses | $0 |
| Operating Expenses | $197M |
| Cost & Expenses | $590M |
| OPERATING INCOME | $87M |
| Interest Income | $479.0K |
| Interest Expense | $22M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $52M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $39M |
| EBIT | $83M |
| EBITDA | $122M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $52M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $667.0K |
| Other Non-Cash Items | $28M |
| Change in Working Capital | -$6M |
| OPERATING CASH FLOW | $114M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $24M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$30M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | -$103M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$304.0K |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $75M |
| Net Change in Cash | $27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $52M |
| Inventory | $442M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $551M |
| PP&E (Net) | $1.4B |
| Goodwill | $124M |
| Intangible Assets | $86M |
| Long-Term Investments | $5M |
| Tax Assets | $37M |
| Other Non-Current Assets | $174M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $138M |
| Short-Term Debt | $402M |
| Deferred Revenue | $186M |
| Other Current Liabilities | $127M |
| TOTAL CURRENT LIABILITIES | $904M |
| Long-Term Debt | $631M |
| Deferred Revenue NC | $1M |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | $6M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $417M |
| Retained Earnings | -$478M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$63M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$63M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $1.9B |
| Net Debt | $1.9B |
