| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $744M | $760M | $803M | -2.2% | -7.5% |
| Op. Income | $125M | $146M | $122M | -14.4% | 3.1% |
| Gross Margin | 24.8% | 27.1% | 23.4% | -2.3pp | 1.4pp |
| Net Margin | 9.8% | 12.0% | 8.4% | -2.3pp | 1.4pp |
| EPS (Diluted) | $1.43 | $1.79 | $1.28 | -20.1% | 11.7% |
| Free Cash Flow | -$64M | $98M | -$25M | -164.9% | -158.3% |
| Item | Amount |
|---|---|
| REVENUE | $744M |
| Cost of Revenue | $559M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $618M |
| OPERATING INCOME | $125M |
| Interest Income | $3M |
| Interest Expense | $31M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $95M |
| EBIT | $129M |
| EBITDA | $224M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $744M |
| Cost of Revenue | $559M |
| GROSS PROFIT | $184M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $59M |
| Other Expenses | $0 |
| Operating Expenses | $59M |
| Cost & Expenses | $618M |
| OPERATING INCOME | $125M |
| Interest Income | $3M |
| Interest Expense | $31M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $95M |
| EBIT | $129M |
| EBITDA | $224M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $95M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$202M |
| Acquisitions (Net) | -$53M |
| Purchases of Investments | -$470M |
| Sales/Maturities of Investments | $300M |
| Other Investing Activities | $73M |
| NET CASH FROM INVESTING | -$352M |
| Net Debt Issuance | $9M |
| Common Stock Repurchased | -$686.0K |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$399.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | -$64M |
| Net Change in Cash | -$221M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $87M |
| Short-Term Investments | $433M |
| Net Receivables | $94M |
| Inventory | $111M |
| Other Current Assets | $36M |
| TOTAL CURRENT ASSETS | $760M |
| PP&E (Net) | $5.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $166M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $284M |
| Short-Term Debt | $364M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $32M |
| TOTAL CURRENT LIABILITIES | $925M |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $624M |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $3.6B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $687M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.1B |
| Treasury Stock | -$591M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $3.3B |
| Net Debt | $3.3B |
