| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | — | $1.7B | — | 6.9% |
| Op. Income | $149M | — | $228M | — | -34.4% |
| Gross Margin | 59.0% | — | 60.3% | — | -1.3pp |
| Net Margin | 14.1% | — | -14.2% | — | 28.3pp |
| EPS (Diluted) | $0.67 | — | $-0.67 | — | 200.0% |
| Free Cash Flow | $269M | — | $177M | — | 52.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $766M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | -$1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $149M |
| Interest Income | $12M |
| Interest Expense | $42M |
| Other Income/Expenses | $154M |
| INCOME BEFORE TAX | $299M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $264M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$404.5K |
| NET INCOME | $264M |
| Net Income Deductions | -$404.5K |
| BOTTOM LINE NET INCOME | $264M |
| D&A | $176M |
| EBIT | $236M |
| EBITDA | $411M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $766M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $2.0B |
| Other Expenses | -$1.5B |
| Operating Expenses | $1.5B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $149M |
| Interest Income | $12M |
| Interest Expense | $42M |
| Other Income/Expenses | $154M |
| INCOME BEFORE TAX | $299M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $264M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$404.5K |
| NET INCOME | $264M |
| Net Income Deductions | -$404.5K |
| BOTTOM LINE NET INCOME | $264M |
| D&A | $176M |
| EBIT | $236M |
| EBITDA | $411M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $264M |
| Depreciation & Amortization | $176M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$331M |
| Other Non-Cash Items | $245M |
| Change in Working Capital | $28M |
| OPERATING CASH FLOW | $385M |
| Capital Expenditure | -$116M |
| Acquisitions (Net) | $268M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $524M |
| NET CASH FROM INVESTING | $152M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$692M |
| NET CASH FROM FINANCING | -$729M |
| FREE CASH FLOW | $269M |
| Net Change in Cash | -$161M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $417M |
| Short-Term Investments | $2M |
| Net Receivables | $586M |
| Inventory | $144M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $826M |
| Goodwill | $1.8B |
| Intangible Assets | $2.3B |
| Long-Term Investments | $68M |
| Tax Assets | $40M |
| Other Non-Current Assets | -$1.7B |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $155M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $98M |
| Other Current Liabilities | -$703M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $149M |
| Other Non-Current Liabilities | $218M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $25M |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $809.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.8B |
| Net Debt | $1.4B |