| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $2.0B | $1.9B | -6.6% | 0.8% |
| Op. Income | $63M | $67M | $10M | -6.4% | 542.5% |
| Gross Margin | 7.5% | 7.3% | 6.5% | 0.2pp | 1.0pp |
| Net Margin | 1.0% | 2.1% | 0.0% | -1.1pp | 1.0pp |
| EPS (Diluted) | $0.27 | $0.60 | $0.01 | -55.0% | 2600.0% |
| Free Cash Flow | $158M | $136M | $39M | 15.5% | 302.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $142M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $63M |
| Interest Income | $223.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $29M |
| EBIT | $64M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.8B |
| GROSS PROFIT | $142M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $66M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $63M |
| Interest Income | $223.0K |
| Interest Expense | $6M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $20M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $20M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $20M |
| D&A | $29M |
| EBIT | $64M |
| EBITDA | $92M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $20M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $27M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $101M |
| OPERATING CASH FLOW | $190M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$121M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$120M |
| FREE CASH FLOW | $158M |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455M |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $901M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $631M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $280M |
| Other Non-Current Assets | $74M |
| TOTAL NON-CURRENT ASSETS | $985M |
| TOTAL ASSETS | $3.9B |
| Account Payables | $1.3B |
| Short-Term Debt | $38M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $180M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $347M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $233M |
| TOTAL NON-CURRENT LIABILITIES | $580M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $697.0K |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | -$3.9B |
| Treasury Stock | -$804M |
| Accum. Other Comp. Income | $42M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $3.9B |
| Total Debt | $385M |
| Net Debt | -$69M |
