| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $760M | $744M | $829M | 2.1% | -8.3% |
| Op. Income | $146M | $144M | $138M | 1.6% | 6.2% |
| Gross Margin | 27.1% | 27.7% | 24.9% | -0.6pp | 2.2pp |
| Net Margin | 12.0% | 11.8% | 10.0% | 0.2pp | 2.0pp |
| EPS (Diluted) | $1.79 | $1.71 | $1.57 | 4.7% | 14.0% |
| Free Cash Flow | $98M | $66M | -$89M | 48.4% | 210.1% |
| Item | Amount |
|---|---|
| REVENUE | $760M |
| Cost of Revenue | $554M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $361.0K |
| Operating Expenses | $60M |
| Cost & Expenses | $614M |
| OPERATING INCOME | $146M |
| Interest Income | $4M |
| Interest Expense | $32M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $93M |
| EBIT | $150M |
| EBITDA | $243M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $760M |
| Cost of Revenue | $554M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $361.0K |
| Operating Expenses | $60M |
| Cost & Expenses | $614M |
| OPERATING INCOME | $146M |
| Interest Income | $4M |
| Interest Expense | $32M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | $91M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $91M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $91M |
| D&A | $93M |
| EBIT | $150M |
| EBITDA | $243M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $91M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $40M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $220M |
| Capital Expenditure | -$122M |
| Acquisitions (Net) | $28M |
| Purchases of Investments | -$573M |
| Sales/Maturities of Investments | $605M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$422.0K |
| NET CASH FROM FINANCING | -$110M |
| FREE CASH FLOW | $98M |
| Net Change in Cash | $54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $308M |
| Short-Term Investments | $264M |
| Net Receivables | $102M |
| Inventory | $112M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $810M |
| PP&E (Net) | $5.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $164M |
| TOTAL NON-CURRENT ASSETS | $5.8B |
| TOTAL ASSETS | $6.6B |
| Account Payables | $329M |
| Short-Term Debt | $363M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $34M |
| TOTAL CURRENT LIABILITIES | $962M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $597M |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $685M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.0B |
| Treasury Stock | -$581M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $6.6B |
| Total Debt | $3.3B |
| Net Debt | $3.0B |
