| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $969M | $917M | 5.1% | 11.0% |
| Op. Income | $63M | $68M | $42M | -7.4% | 50.0% |
| Gross Margin | 16.4% | 16.7% | 17.7% | -0.3pp | -1.3pp |
| Net Margin | 4.7% | 5.7% | 3.2% | -1.0pp | 1.6pp |
| EPS (Diluted) | $0.68 | $0.78 | $0.40 | -12.8% | 70.0% |
| Free Cash Flow | $671M | -$58M | $362M | 1256.9% | 85.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $851M |
| GROSS PROFIT | $167M |
| R&D Expenses | $9M |
| Selling & Marketing | $45M |
| General & Administrative | $38M |
| SG&A Expenses | $83M |
| Other Expenses | $12M |
| Operating Expenses | $104M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $63M |
| Interest Income | $5M |
| Interest Expense | $4M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $16M |
| EBIT | $68M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $851M |
| GROSS PROFIT | $167M |
| R&D Expenses | $9M |
| Selling & Marketing | $45M |
| General & Administrative | $38M |
| SG&A Expenses | $83M |
| Other Expenses | $12M |
| Operating Expenses | $104M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $63M |
| Interest Income | $5M |
| Interest Expense | $4M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $16M |
| EBIT | $68M |
| EBITDA | $84M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $612M |
| OPERATING CASH FLOW | $682M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$193M |
| Sales/Maturities of Investments | $46M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$158M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$11M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $671M |
| Net Change in Cash | $457M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $213M |
| Short-Term Investments | $68M |
| Net Receivables | $294M |
| Inventory | $0 |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $140M |
| Goodwill | $289M |
| Intangible Assets | $15M |
| Long-Term Investments | $125M |
| Tax Assets | $0 |
| Other Non-Current Assets | $308M |
| TOTAL NON-CURRENT ASSETS | $877M |
| TOTAL ASSETS | $2.7B |
| Account Payables | $31M |
| Short-Term Debt | $22M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $228M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $369M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $61M |
| Other Non-Current Liabilities | $152M |
| TOTAL NON-CURRENT LIABILITIES | $630M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $694M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$219M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $475M |
| Minority Interest | $0 |
| TOTAL EQUITY | $475M |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $456M |
| Net Debt | $243M |
