| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $629M | $613M | $594M | 2.6% | 5.9% |
| Op. Income | $113M | $102M | $105M | 10.8% | 7.6% |
| Gross Margin | 34.5% | 33.8% | 34.2% | 0.7pp | 0.3pp |
| Net Margin | 4.3% | 10.6% | 7.6% | -6.3pp | -3.3pp |
| EPS (Diluted) | $0.14 | $0.34 | $0.23 | -58.8% | -39.1% |
| Free Cash Flow | $76M | $55M | $97M | 38.2% | -21.6% |
| Item | Amount |
|---|---|
| REVENUE | $629M |
| Cost of Revenue | $412M |
| GROSS PROFIT | $217M |
| R&D Expenses | $13M |
| Selling & Marketing | $73M |
| General & Administrative | $94M |
| SG&A Expenses | $167M |
| Other Expenses | -$67M |
| Operating Expenses | $115M |
| Cost & Expenses | $527M |
| OPERATING INCOME | $113M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $18M |
| EBIT | $46M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $629M |
| Cost of Revenue | $412M |
| GROSS PROFIT | $217M |
| R&D Expenses | $13M |
| Selling & Marketing | $73M |
| General & Administrative | $94M |
| SG&A Expenses | $167M |
| Other Expenses | -$67M |
| Operating Expenses | $115M |
| Cost & Expenses | $527M |
| OPERATING INCOME | $113M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$85M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $27M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $18M |
| EBIT | $46M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $23M |
| Other Non-Cash Items | $63M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | -$28M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$64M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | $76M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $159M |
| Short-Term Investments | $0 |
| Net Receivables | $401M |
| Inventory | $194M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $797M |
| PP&E (Net) | $498M |
| Goodwill | $430M |
| Intangible Assets | $74M |
| Long-Term Investments | $34M |
| Tax Assets | $123M |
| Other Non-Current Assets | $108M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $171M |
| Short-Term Debt | $15M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $237M |
| TOTAL CURRENT LIABILITIES | $423M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $517M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $13M |
| Retained Earnings | -$284M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$258M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$258M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
