| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.9B | $1.7B | -0.3% | 9.4% |
| Op. Income | $632M | $714M | $624M | -11.5% | 1.3% |
| Gross Margin | 36.3% | 40.1% | 38.3% | -3.9pp | -2.1pp |
| Net Margin | 16.5% | 21.0% | 17.3% | -4.5pp | -0.8pp |
| EPS (Diluted) | $0.40 | $0.50 | $0.38 | -20.0% | 5.3% |
| Free Cash Flow | $370M | $403M | $157M | -8.1% | 136.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $672M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $632M |
| Interest Income | $8M |
| Interest Expense | $95M |
| Other Income/Expenses | -$110M |
| INCOME BEFORE TAX | $522M |
| Income Tax Expense | $215M |
| Net Income from Continuing Ops | $307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $306M |
| D&A | $184M |
| EBIT | $611M |
| EBITDA | $795M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $672M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $40M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $632M |
| Interest Income | $8M |
| Interest Expense | $95M |
| Other Income/Expenses | -$110M |
| INCOME BEFORE TAX | $522M |
| Income Tax Expense | $215M |
| Net Income from Continuing Ops | $307M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $306M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $306M |
| D&A | $184M |
| EBIT | $611M |
| EBITDA | $795M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $307M |
| Depreciation & Amortization | $184M |
| Stock-Based Compensation | $800.0K |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | $93M |
| OPERATING CASH FLOW | $541M |
| Capital Expenditure | -$171M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$79M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $200.0K |
| NET CASH FROM INVESTING | -$250M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$309M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$312M |
| FREE CASH FLOW | $370M |
| Net Change in Cash | -$10M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $81M |
| Net Receivables | $912M |
| Inventory | $1.1B |
| Other Current Assets | $26M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $10.4B |
| Goodwill | $42M |
| Intangible Assets | $107M |
| Long-Term Investments | $112M |
| Tax Assets | $184M |
| Other Non-Current Assets | $1.4B |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $16.4B |
| Account Payables | $598M |
| Short-Term Debt | $400M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $6.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $178M |
| Other Non-Current Liabilities | $376M |
| TOTAL NON-CURRENT LIABILITIES | $8.1B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $6.4B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.8B |
| Minority Interest | $48M |
| TOTAL EQUITY | $6.9B |
| TOTAL LIABILITIES & EQUITY | $16.4B |
| Total Debt | $8.0B |
| Net Debt | $6.1B |
