| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $995M | -1.6% | 17.7% |
| Op. Income | $258M | $290M | $186M | -11.0% | 39.0% |
| Gross Margin | 36.2% | 39.7% | 34.9% | -3.5pp | 1.2pp |
| Net Margin | 17.2% | 33.3% | 8.3% | -16.1pp | 8.9pp |
| EPS (Diluted) | $3.56 | $7.09 | $1.47 | -49.8% | 142.2% |
| Free Cash Flow | $461M | -$321M | $472M | 243.5% | -2.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $747M |
| GROSS PROFIT | $423M |
| R&D Expenses | $10M |
| Selling & Marketing | $42M |
| General & Administrative | $106M |
| SG&A Expenses | $148M |
| Other Expenses | $7M |
| Operating Expenses | $166M |
| Cost & Expenses | $913M |
| OPERATING INCOME | $258M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $24M |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $22M |
| EBIT | $257M |
| EBITDA | $280M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $747M |
| GROSS PROFIT | $423M |
| R&D Expenses | $10M |
| Selling & Marketing | $42M |
| General & Administrative | $106M |
| SG&A Expenses | $148M |
| Other Expenses | $7M |
| Operating Expenses | $166M |
| Cost & Expenses | $913M |
| OPERATING INCOME | $258M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $237M |
| Income Tax Expense | $59M |
| Net Income from Continuing Ops | $178M |
| Net Income from Discontinued Ops | $24M |
| Other Adjustments | $0 |
| NET INCOME | $202M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $202M |
| D&A | $22M |
| EBIT | $257M |
| EBITDA | $280M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $202M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $230M |
| OPERATING CASH FLOW | $468M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $37M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | $34M |
| Net Debt Issuance | -$474M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $900.0K |
| NET CASH FROM FINANCING | -$504M |
| FREE CASH FLOW | $461M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $36M |
| Short-Term Investments | $0 |
| Net Receivables | $747M |
| Inventory | $534M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.4B |
| PP&E (Net) | $507M |
| Goodwill | $542M |
| Intangible Assets | $831M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $198M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $3.5B |
| Account Payables | $223M |
| Short-Term Debt | $363M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $370M |
| TOTAL CURRENT LIABILITIES | $955M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $143M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $437M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.4B |
| Treasury Stock | -$927M |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $805M |
| Minority Interest | $5M |
| TOTAL EQUITY | $810M |
| TOTAL LIABILITIES & EQUITY | $3.5B |
| Total Debt | $1.9B |
| Net Debt | $1.9B |
