| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $966M | $975M | $966M | -0.9% | -0.0% |
| Op. Income | $116M | $120M | $103M | -3.4% | 12.6% |
| Gross Margin | 49.6% | 49.5% | 49.5% | 0.2pp | 0.1pp |
| Net Margin | 7.1% | 7.3% | 5.7% | -0.2pp | 1.4pp |
| EPS (Diluted) | $0.58 | $0.59 | $0.46 | -1.7% | 26.1% |
| Free Cash Flow | $76M | $73M | $66M | 3.1% | 13.9% |
| Item | Amount |
|---|---|
| REVENUE | $966M |
| Cost of Revenue | $487M |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0K |
| General & Administrative | $364M |
| SG&A Expenses | $364M |
| Other Expenses | $0 |
| Operating Expenses | $364M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $116M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $27M |
| EBIT | $116M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $966M |
| Cost of Revenue | $487M |
| GROSS PROFIT | $479M |
| R&D Expenses | $0 |
| Selling & Marketing | $1.0K |
| General & Administrative | $364M |
| SG&A Expenses | $364M |
| Other Expenses | $0 |
| Operating Expenses | $364M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $116M |
| Interest Income | $0 |
| Interest Expense | $22M |
| Other Income/Expenses | -$22M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $27M |
| EBIT | $116M |
| EBITDA | $143M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$7M |
| Other Non-Cash Items | -$95.0K |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | -$661.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $373.0K |
| NET CASH FROM FINANCING | -$64M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $71M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $953M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $320M |
| Goodwill | $531M |
| Intangible Assets | $62M |
| Long-Term Investments | $344.0K |
| Tax Assets | -$344.0K |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $935M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $279M |
| Short-Term Debt | $1.0K |
| Deferred Revenue | $18M |
| Other Current Liabilities | $88M |
| TOTAL CURRENT LIABILITIES | $456M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $28M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $56M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$117M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$60M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$60M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.6B |
| Net Debt | $1.5B |
