| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $961M | $893M | $994M | 7.6% | -3.3% |
| Op. Income | $20M | $19M | $20M | 6.5% | 1.3% |
| Gross Margin | 11.4% | 12.3% | 11.4% | -0.9pp | 0.0pp |
| Net Margin | 1.2% | 1.3% | 1.0% | -0.1pp | 0.2pp |
| EPS (Diluted) | $0.45 | $0.45 | $0.40 | 0.0% | 12.5% |
| Free Cash Flow | $3M | $22M | $28M | -88.2% | -90.8% |
| Item | Amount |
|---|---|
| REVENUE | $961M |
| Cost of Revenue | $851M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | -$265.0K |
| Operating Expenses | $86M |
| Cost & Expenses | $937M |
| OPERATING INCOME | $20M |
| Interest Income | $447.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $20M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $961M |
| Cost of Revenue | $851M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | -$265.0K |
| Operating Expenses | $86M |
| Cost & Expenses | $937M |
| OPERATING INCOME | $20M |
| Interest Income | $447.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $16M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $20M |
| EBITDA | $28M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | -$3M |
| Capital Expenditure | $5M |
| Acquisitions (Net) | $32M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $4M |
| NET CASH FROM INVESTING | $4M |
| Net Debt Issuance | $12M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $2M |
| FREE CASH FLOW | $3M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $24M |
| Short-Term Investments | $0 |
| Net Receivables | $655M |
| Inventory | $697M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $63M |
| Goodwill | $320M |
| Intangible Assets | $128M |
| Long-Term Investments | $0 |
| Tax Assets | $25M |
| Other Non-Current Assets | $54M |
| TOTAL NON-CURRENT ASSETS | $590M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $473M |
| Short-Term Debt | $9M |
| Deferred Revenue | $17M |
| Other Current Liabilities | $161M |
| TOTAL CURRENT LIABILITIES | $701M |
| Long-Term Debt | $151M |
| Deferred Revenue NC | $7M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $300M |
| TOTAL NON-CURRENT LIABILITIES | $452M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $64M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $940M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$90M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $914M |
| Minority Interest | $0 |
| TOTAL EQUITY | $914M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $361M |
| Net Debt | $337M |
