| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $745M | $776M | $717M | -4.0% | 4.0% |
| Op. Income | $108M | $120M | $104M | -10.0% | 3.5% |
| Gross Margin | 28.3% | 28.3% | 28.6% | 0.0pp | -0.3pp |
| Net Margin | 10.1% | 13.2% | 8.7% | -3.1pp | 1.4pp |
| EPS (Diluted) | $0.52 | $0.69 | $0.39 | -24.6% | 33.3% |
| Free Cash Flow | $43M | $46M | $19M | -6.4% | 132.2% |
| Item | Amount |
|---|---|
| REVENUE | $745M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $103M |
| Cost & Expenses | $637M |
| OPERATING INCOME | $108M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $40M |
| EBIT | $104M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $745M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $211M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $103M |
| Other Expenses | $0 |
| Operating Expenses | $103M |
| Cost & Expenses | $637M |
| OPERATING INCOME | $108M |
| Interest Income | $2M |
| Interest Expense | $8M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $40M |
| EBIT | $104M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $40M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $80M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $71M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | $25M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$38M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $749M |
| Short-Term Investments | $8M |
| Net Receivables | $392M |
| Inventory | $480M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $1.0B |
| Goodwill | $151M |
| Intangible Assets | $68M |
| Long-Term Investments | -$86M |
| Tax Assets | $86M |
| Other Non-Current Assets | $146M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $192M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $217M |
| TOTAL CURRENT LIABILITIES | $574M |
| Long-Term Debt | $493M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $86M |
| Other Non-Current Liabilities | $489M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $14M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $25M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $594M |
| Net Debt | -$155M |
