| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.1B | 1.3% | 5.7% |
| Op. Income | $7M | $73M | $62M | -90.4% | -88.7% |
| Gross Margin | 10.2% | 11.0% | 9.5% | -0.7pp | 0.7pp |
| Net Margin | -0.8% | 4.1% | 4.5% | -4.8pp | -5.3pp |
| EPS (Diluted) | $-0.20 | $1.11 | $1.16 | -118.0% | -117.2% |
| Free Cash Flow | $18M | $80M | $77M | -77.5% | -76.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $122M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | $72M |
| Operating Expenses | $115M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $7M |
| Interest Income | $0 |
| Interest Expense | $15M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | -$7M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | -$9M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$9M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$9M |
| D&A | $16M |
| EBIT | $8M |
| EBITDA | $24M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$9M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$36M |
| OPERATING CASH FLOW | $22M |
| Capital Expenditure | -$4M |
| Acquisitions (Net) | -$1.0B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1.0B |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | $1.1B |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $1.0B |
| FREE CASH FLOW | $18M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $237M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $146M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $103M |
| Goodwill | $2.1B |
| Intangible Assets | $803M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $104M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $455M |
| Short-Term Debt | $24M |
| Deferred Revenue | -$643M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $897M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $0 |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $367M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $14M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $2.1B |
| Net Debt | $1.9B |
