| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $885M | $1.0B | $1.0B | -13.6% | -15.6% |
| Op. Income | $23M | $86M | $82M | -73.5% | -71.9% |
| Gross Margin | 19.1% | 20.5% | 20.5% | -1.4pp | -1.4pp |
| Net Margin | 2.8% | 2.1% | -3.1% | 0.7pp | 5.9pp |
| EPS (Diluted) | $0.26 | $0.73 | $0.27 | -64.4% | -3.7% |
| Free Cash Flow | $62M | $86M | $73M | -28.8% | -16.0% |
| Item | Amount |
|---|---|
| REVENUE | $885M |
| Cost of Revenue | $716M |
| GROSS PROFIT | $169M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $1M |
| Operating Expenses | $146M |
| Cost & Expenses | $862M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $18M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $6M |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $885M |
| Cost of Revenue | $716M |
| GROSS PROFIT | $169M |
| R&D Expenses | $72M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $1M |
| Operating Expenses | $146M |
| Cost & Expenses | $862M |
| OPERATING INCOME | $23M |
| Interest Income | $1M |
| Interest Expense | $18M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $3M |
| Income Tax Expense | -$16M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $6M |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $11M |
| EBIT | $21M |
| EBITDA | $32M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | $95M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $31M |
| Other Investing Activities | -$22M |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | -$18M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | $65M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $535M |
| Short-Term Investments | $0 |
| Net Receivables | $478M |
| Inventory | $848M |
| Other Current Assets | $159M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $512M |
| Goodwill | $270M |
| Intangible Assets | $10M |
| Long-Term Investments | $103M |
| Tax Assets | $0 |
| Other Non-Current Assets | $281M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $508M |
| Short-Term Debt | $33M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $231M |
| TOTAL CURRENT LIABILITIES | $872M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $824M |
| Retained Earnings | $771M |
| Treasury Stock | -$407M |
| Accum. Other Comp. Income | -$258M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $932M |
| Minority Interest | $0 |
| TOTAL EQUITY | $932M |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.3B |
| Net Debt | $771M |
