| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $628M | $685M | $781M | -8.3% | -19.5% |
| Op. Income | $51M | $79M | $138M | -35.8% | -63.0% |
| Gross Margin | 23.9% | 25.5% | 30.3% | -1.6pp | -6.4pp |
| Net Margin | 4.8% | 6.5% | 10.0% | -1.7pp | -5.2pp |
| EPS (Diluted) | $0.21 | $0.31 | $0.51 | -32.3% | -58.8% |
| Free Cash Flow | $46M | $23M | $21M | 104.6% | 119.7% |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $478M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $92M |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $570M |
| OPERATING INCOME | $51M |
| Interest Income | $2M |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $41M |
| EBIT | $55M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $478M |
| GROSS PROFIT | $150M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $92M |
| SG&A Expenses | $92M |
| Other Expenses | $0 |
| Operating Expenses | $92M |
| Cost & Expenses | $570M |
| OPERATING INCOME | $51M |
| Interest Income | $2M |
| Interest Expense | $9M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $41M |
| EBIT | $55M |
| EBITDA | $96M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $22.0K |
| Purchases of Investments | -$57M |
| Sales/Maturities of Investments | $71.0K |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | -$23M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $46M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $731M |
| Short-Term Investments | $56M |
| Net Receivables | $335M |
| Inventory | $445M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.0B |
| Goodwill | $150M |
| Intangible Assets | $62M |
| Long-Term Investments | -$47M |
| Tax Assets | $47M |
| Other Non-Current Assets | $148M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $141M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $174M |
| TOTAL CURRENT LIABILITIES | $481M |
| Long-Term Debt | $496M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $479M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $14M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $72M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$28M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $594M |
| Net Debt | -$137M |
