| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.2B | $5.6B | — | -6.6% | — |
| Op. Income | $185M | $233M | — | -20.8% | — |
| Gross Margin | 12.9% | 10.8% | — | 2.1pp | — |
| Net Margin | 1.7% | 2.0% | — | -0.4pp | — |
| EPS (Diluted) | $1.71 | $2.43 | — | -29.6% | — |
| Free Cash Flow | -$187M | $91M | — | -305.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $676M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $491M |
| Other Expenses | $0 |
| Operating Expenses | $491M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $185M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $94M |
| EBIT | $161M |
| EBITDA | $255M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $5.2B |
| Cost of Revenue | $4.6B |
| GROSS PROFIT | $676M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $491M |
| Other Expenses | $0 |
| Operating Expenses | $491M |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $185M |
| Interest Income | $0 |
| Interest Expense | $41M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $120M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $87M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $87M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $86M |
| D&A | $94M |
| EBIT | $161M |
| EBITDA | $255M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $87M |
| Depreciation & Amortization | $94M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$10M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$351M |
| OPERATING CASH FLOW | -$158M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | -$8M |
| Common Stock Repurchased | -$709.0K |
| Common Dividends Paid | -$19M |
| Other Financing Activities | -$107.0K |
| NET CASH FROM FINANCING | -$27M |
| FREE CASH FLOW | -$187M |
| Net Change in Cash | -$213M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $249M |
| Short-Term Investments | $0 |
| Net Receivables | $3.4B |
| Inventory | $2.4B |
| Other Current Assets | $318M |
| TOTAL CURRENT ASSETS | $6.4B |
| PP&E (Net) | $569M |
| Goodwill | $2.2B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $79M |
| Other Non-Current Assets | $154M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $10.8B |
| Account Payables | $2.2B |
| Short-Term Debt | $701M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $320M |
| TOTAL CURRENT LIABILITIES | $3.9B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $196M |
| Other Non-Current Liabilities | $347M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $53.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $2.3B |
| Treasury Stock | -$150M |
| Accum. Other Comp. Income | -$127M |
| Other Equity | -$1.0K |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $10.8B |
| Total Debt | $3.5B |
| Net Debt | $3.3B |
