| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.5B | -2.0% | 2.6% |
| Op. Income | $172M | $133M | $146M | 29.0% | 17.6% |
| Gross Margin | 40.8% | 41.4% | 41.4% | -0.6pp | -0.6pp |
| Net Margin | 6.0% | 7.3% | 7.5% | -1.4pp | -1.5pp |
| EPS (Diluted) | $0.79 | $0.98 | $0.93 | -19.4% | -15.1% |
| Free Cash Flow | $111M | $66M | $114M | 66.9% | -3.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $892M |
| GROSS PROFIT | $614M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $443M |
| Other Expenses | $0 |
| Operating Expenses | $443M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $172M |
| Interest Income | $957.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $16M |
| EBIT | $171M |
| EBITDA | $187M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $892M |
| GROSS PROFIT | $614M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $443M |
| Other Expenses | $0 |
| Operating Expenses | $443M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $172M |
| Interest Income | $957.0K |
| Interest Expense | $0 |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $90M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $16M |
| EBIT | $171M |
| EBITDA | $187M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $125M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$14M |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$53.0K |
| Common Stock Repurchased | -$70M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $111M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $0 |
| Net Receivables | $854M |
| Inventory | $0 |
| Other Current Assets | $411M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $368M |
| Goodwill | $210M |
| Intangible Assets | $1M |
| Long-Term Investments | $0 |
| Tax Assets | $89M |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $668M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $122M |
| Short-Term Debt | $72M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $913M |
| Long-Term Debt | $205M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$178M |
| TOTAL NON-CURRENT LIABILITIES | $232M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $115.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $22M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$34M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $481M |
| Net Debt | $231M |
