| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.3B | $1.1B | -21.6% | -6.8% |
| Op. Income | $86M | $126M | $104M | -31.4% | -17.1% |
| Gross Margin | 20.5% | 20.8% | 21.9% | -0.3pp | -1.4pp |
| Net Margin | 2.1% | 5.7% | 3.5% | -3.7pp | -1.4pp |
| EPS (Diluted) | $0.73 | $1.14 | $0.92 | -36.0% | -20.7% |
| Free Cash Flow | $86M | $193M | -$68M | -55.2% | 227.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $815M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | -$500.0K |
| Operating Expenses | $123M |
| Cost & Expenses | $938M |
| OPERATING INCOME | $86M |
| Interest Income | $2M |
| Interest Expense | $22M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | -$31M |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $13M |
| EBIT | $90M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $815M |
| GROSS PROFIT | $210M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $124M |
| Other Expenses | -$500.0K |
| Operating Expenses | $123M |
| Cost & Expenses | $938M |
| OPERATING INCOME | $86M |
| Interest Income | $2M |
| Interest Expense | $22M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $52M |
| Net Income from Discontinued Ops | -$31M |
| Other Adjustments | $0 |
| NET INCOME | $21M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $52M |
| D&A | $13M |
| EBIT | $90M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $21M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $93M |
| OPERATING CASH FLOW | $127M |
| Capital Expenditure | -$40M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $194M |
| NET CASH FROM INVESTING | $154M |
| Net Debt Issuance | -$173M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$183M |
| FREE CASH FLOW | $86M |
| Net Change in Cash | $81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $471M |
| Short-Term Investments | $0 |
| Net Receivables | $492M |
| Inventory | $858M |
| Other Current Assets | $16M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $359M |
| Goodwill | $260M |
| Intangible Assets | $10M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $497M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $559M |
| Short-Term Debt | $9M |
| Deferred Revenue | -$559M |
| Other Current Liabilities | $231M |
| TOTAL CURRENT LIABILITIES | $922M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $103M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $813M |
| Retained Earnings | $755M |
| Treasury Stock | -$402M |
| Accum. Other Comp. Income | -$300M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $866M |
| Minority Interest | $0 |
| TOTAL EQUITY | $866M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.2B |
| Net Debt | $705M |
