| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | — | $3.9B | — | 5.7% |
| Op. Income | $98M | — | -$38M | — | 357.9% |
| Gross Margin | 5.8% | — | 3.4% | — | 2.4pp |
| Net Margin | 2.0% | — | -1.9% | — | 3.9pp |
| EPS (Diluted) | $0.75 | — | $-0.87 | — | 186.2% |
| Free Cash Flow | $96M | — | $127M | — | -24.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $90M |
| Operating Expenses | $141M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $98M |
| Interest Income | $1M |
| Interest Expense | $44M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$26M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $46M |
| EBIT | $99M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.9B |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $90M |
| Operating Expenses | $141M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $98M |
| Interest Income | $1M |
| Interest Expense | $44M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $57M |
| Income Tax Expense | -$26M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $83M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $83M |
| D&A | $46M |
| EBIT | $99M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $83M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $16M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $141M |
| Capital Expenditure | -$45M |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$48M |
| Net Debt Issuance | $5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$91M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$85M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21M |
| Short-Term Investments | $0 |
| Net Receivables | $411M |
| Inventory | $419M |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $924M |
| PP&E (Net) | $2.0B |
| Goodwill | $1.6B |
| Intangible Assets | $646M |
| Long-Term Investments | $121M |
| Tax Assets | $36M |
| Other Non-Current Assets | $152M |
| TOTAL NON-CURRENT ASSETS | $4.5B |
| TOTAL ASSETS | $5.4B |
| Account Payables | $494M |
| Short-Term Debt | $11M |
| Deferred Revenue | $213M |
| Other Current Liabilities | -$158M |
| TOTAL CURRENT LIABILITIES | $744M |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $140M |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $97M |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $4.7B |
| Common Stock | $758M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $758M |
| Minority Interest | $0 |
| TOTAL EQUITY | $758M |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $3.6B |
| Net Debt | $3.6B |
