| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.5B | 2.4% | 5.9% |
| Op. Income | $163M | $159M | $151M | 2.2% | 7.9% |
| Gross Margin | 41.6% | 42.0% | 41.6% | -0.4pp | 0.0pp |
| Net Margin | 7.5% | 7.6% | 7.9% | -0.0pp | -0.3pp |
| EPS (Diluted) | $1.01 | $0.98 | $0.95 | 3.1% | 6.3% |
| Free Cash Flow | $175M | $105M | $175M | 66.7% | -0.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $906M |
| GROSS PROFIT | $646M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $484M |
| Other Expenses | $0 |
| Operating Expenses | $484M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $163M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $891.0K |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $339.0K |
| EBIT | $164M |
| EBITDA | $164M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $906M |
| GROSS PROFIT | $646M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $484M |
| Other Expenses | $0 |
| Operating Expenses | $484M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $163M |
| Interest Income | $1M |
| Interest Expense | $0 |
| Other Income/Expenses | $891.0K |
| INCOME BEFORE TAX | $164M |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | $117M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $117M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $117M |
| D&A | $339.0K |
| EBIT | $164M |
| EBITDA | $164M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $117M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $50M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$26M |
| Net Debt Issuance | -$50.0K |
| Common Stock Repurchased | -$80M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $175M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $313M |
| Short-Term Investments | $0 |
| Net Receivables | $853M |
| Inventory | $371M |
| Other Current Assets | $466M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $368M |
| Goodwill | $210M |
| Intangible Assets | $2M |
| Long-Term Investments | -$101M |
| Tax Assets | $101M |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $680M |
| TOTAL ASSETS | $2.3B |
| Account Payables | $117M |
| Short-Term Debt | $71M |
| Deferred Revenue | $10M |
| Other Current Liabilities | $36M |
| TOTAL CURRENT LIABILITIES | $977M |
| Long-Term Debt | $201M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$180M |
| TOTAL NON-CURRENT LIABILITIES | $222M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $116.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $24M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $473M |
| Net Debt | $160M |
