| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | -0.9% | 5.2% |
| Op. Income | $146M | $154M | $134M | -5.0% | 8.9% |
| Gross Margin | 41.4% | 41.8% | 41.0% | -0.5pp | 0.4pp |
| Net Margin | 7.5% | 7.7% | 6.9% | -0.2pp | 0.6pp |
| EPS (Diluted) | $0.93 | $0.95 | $0.78 | -2.1% | 19.2% |
| Free Cash Flow | $114M | $108M | $108M | 6.2% | 5.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $861M |
| GROSS PROFIT | $608M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $461M |
| Other Expenses | $0 |
| Operating Expenses | $462M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $146M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $342.0K |
| EBIT | $146M |
| EBITDA | $146M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $861M |
| GROSS PROFIT | $608M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $461M |
| Other Expenses | $0 |
| Operating Expenses | $462M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $146M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $147M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $110M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $110M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $110M |
| D&A | $342.0K |
| EBIT | $146M |
| EBITDA | $146M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $110M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$13M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | -$49.0K |
| Common Stock Repurchased | -$72M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | -$7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $0 |
| Net Receivables | $826M |
| Inventory | $346M |
| Other Current Assets | $436M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $374M |
| Goodwill | $210M |
| Intangible Assets | $3M |
| Long-Term Investments | -$85M |
| Tax Assets | $85M |
| Other Non-Current Assets | $85M |
| TOTAL NON-CURRENT ASSETS | $673M |
| TOTAL ASSETS | $2.2B |
| Account Payables | $121M |
| Short-Term Debt | $71M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $37M |
| TOTAL CURRENT LIABILITIES | $901M |
| Long-Term Debt | $206M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$185M |
| TOTAL NON-CURRENT LIABILITIES | $227M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $118.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $4M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$18M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.2B |
| Total Debt | $483M |
| Net Debt | $213M |
