| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $7.9B | $7.2B | $7.1B | 9.5% | 10.6% |
| Op. Income | $166M | $165M | $155M | 0.2% | 7.1% |
| Gross Margin | 1.4% | 1.5% | 1.3% | -0.1pp | 0.1pp |
| Net Margin | 0.2% | 0.3% | 0.3% | -0.1pp | -0.1pp |
| EPS (Diluted) | $0.37 | $0.54 | $0.56 | -31.5% | -33.9% |
| Free Cash Flow | $460M | $73M | -$399M | 526.9% | 215.2% |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $7.8B |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $13M |
| SG&A Expenses | $15M |
| Other Expenses | -$73M |
| Operating Expenses | -$58M |
| Cost & Expenses | $7.7B |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$144M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $4M |
| EBIT | $64M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $7.9B |
| Cost of Revenue | $7.8B |
| GROSS PROFIT | $107M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $13M |
| SG&A Expenses | $15M |
| Other Expenses | -$73M |
| Operating Expenses | -$58M |
| Cost & Expenses | $7.7B |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $43M |
| Other Income/Expenses | -$144M |
| INCOME BEFORE TAX | $22M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $16M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $16M |
| D&A | $4M |
| EBIT | $64M |
| EBITDA | $68M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $16M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $700.0K |
| Other Non-Cash Items | $900.0K |
| Change in Working Capital | $439M |
| OPERATING CASH FLOW | $463M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | -$20M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $79M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | $79M |
| FREE CASH FLOW | $460M |
| Net Change in Cash | $518M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $345M |
| Short-Term Investments | $0 |
| Net Receivables | $288M |
| Inventory | $348M |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $7.4B |
| PP&E (Net) | $46M |
| Goodwill | $54M |
| Intangible Assets | $12M |
| Long-Term Investments | $117M |
| Tax Assets | $22M |
| Other Non-Current Assets | $4.8B |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $10.1B |
| Account Payables | $3.8B |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$4.0B |
| TOTAL CURRENT LIABILITIES | $4.3B |
| Long-Term Debt | $343M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $9.1B |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $200.0K |
| Additional Paid-In Capital | $274M |
| Retained Earnings | $375M |
| Treasury Stock | -$46M |
| Accum. Other Comp. Income | -$33M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $571M |
| Minority Interest | $0 |
| TOTAL EQUITY | $571M |
| TOTAL LIABILITIES & EQUITY | $10.1B |
| Total Debt | $4.6B |
| Net Debt | $4.3B |
