| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $610M | $628M | $776M | -3.0% | -21.4% |
| Op. Income | $24M | $51M | $120M | -52.6% | -79.8% |
| Gross Margin | 22.2% | 23.9% | 28.3% | -1.7pp | -6.1pp |
| Net Margin | 2.3% | 4.8% | 13.2% | -2.5pp | -10.9pp |
| EPS (Diluted) | $0.10 | $0.21 | $0.69 | -52.4% | -85.5% |
| Free Cash Flow | $28M | $46M | $46M | -39.1% | -39.2% |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $474M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $94M |
| Other Expenses | $17M |
| Operating Expenses | $111M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $9M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $42M |
| EBIT | $20M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $610M |
| Cost of Revenue | $474M |
| GROSS PROFIT | $135M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $94M |
| Other Expenses | $17M |
| Operating Expenses | $111M |
| Cost & Expenses | $585M |
| OPERATING INCOME | $24M |
| Interest Income | $2M |
| Interest Expense | $9M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $11M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $14M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $14M |
| D&A | $42M |
| EBIT | $20M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $14M |
| Depreciation & Amortization | $42M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $31M |
| OPERATING CASH FLOW | $84M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $91.0K |
| Purchases of Investments | -$52M |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$434.0K |
| NET CASH FROM INVESTING | -$108M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$14M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$19M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $694M |
| Short-Term Investments | $109M |
| Net Receivables | $328M |
| Inventory | $432M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $1.0B |
| Goodwill | $151M |
| Intangible Assets | $61M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $161M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $174M |
| Short-Term Debt | $2.0K |
| Deferred Revenue | $746.0K |
| Other Current Liabilities | $40M |
| TOTAL CURRENT LIABILITIES | $520M |
| Long-Term Debt | $499M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $513M |
| 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 | -$27M |
| Other Equity | $174.0K |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $598M |
| Net Debt | -$96M |
