| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $710M | $708M | $664M | 0.3% | 6.9% |
| Op. Income | $71M | $90M | $67M | -21.1% | 6.0% |
| Gross Margin | 12.0% | 15.1% | 12.1% | -3.2pp | -0.2pp |
| Net Margin | 7.9% | 10.2% | 8.3% | -2.3pp | -0.4pp |
| EPS (Diluted) | $0.93 | $1.21 | $0.93 | -23.1% | 0.0% |
| Free Cash Flow | $144M | $109M | $196M | 31.2% | -26.7% |
| Item | Amount |
|---|---|
| REVENUE | $710M |
| Cost of Revenue | $625M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $639M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $14M |
| EBIT | $79M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $710M |
| Cost of Revenue | $625M |
| GROSS PROFIT | $85M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $6M |
| SG&A Expenses | $6M |
| Other Expenses | $7M |
| Operating Expenses | $14M |
| Cost & Expenses | $639M |
| OPERATING INCOME | $71M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $71M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $56M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $56M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $56M |
| D&A | $14M |
| EBIT | $79M |
| EBITDA | $93M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $56M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $22M |
| Change in Working Capital | $54M |
| OPERATING CASH FLOW | $151M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.2B |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$136M |
| Net Debt Issuance | -$215.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $499.0K |
| NET CASH FROM FINANCING | -$13M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | $3M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $516.0K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $516.0K |
| PP&E (Net) | $76M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $6.4B |
| Tax Assets | $6M |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $8.7B |
| TOTAL ASSETS | $8.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3M |
| TOTAL CURRENT LIABILITIES | $100M |
| Long-Term Debt | $550M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $6.6B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $207M |
| Additional Paid-In Capital | $412M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$593M |
| Accum. Other Comp. Income | $98M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $8.7B |
| Total Debt | $551M |
| Net Debt | $550M |
