| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $427M | $438M | $398M | -2.4% | 7.4% |
| Op. Income | $37M | $79M | $46M | -53.5% | -19.8% |
| Gross Margin | 32.7% | 35.5% | 38.8% | -2.8pp | -6.0pp |
| Net Margin | 6.2% | 10.5% | 4.7% | -4.3pp | 1.5pp |
| EPS (Diluted) | $0.11 | $0.20 | $0.08 | -45.0% | 40.5% |
| Free Cash Flow | $18M | $68M | -$36M | -73.6% | 150.5% |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $49M |
| Operating Expenses | $103M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $6M |
| 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 | $34M |
| EBIT | $62M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $427M |
| Cost of Revenue | $287M |
| GROSS PROFIT | $140M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $54M |
| SG&A Expenses | $54M |
| Other Expenses | $49M |
| Operating Expenses | $103M |
| Cost & Expenses | $390M |
| OPERATING INCOME | $37M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $6M |
| 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 | $34M |
| EBIT | $62M |
| EBITDA | $95M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $14M |
| OPERATING CASH FLOW | $51M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $24M |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$141M |
| Common Dividends Paid | -$27M |
| Other Financing Activities | -$373.0K |
| NET CASH FROM FINANCING | -$182M |
| FREE CASH FLOW | $18M |
| Net Change in Cash | -$139M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $300M |
| Short-Term Investments | $0 |
| Net Receivables | $117M |
| Inventory | $4M |
| Other Current Assets | $117M |
| TOTAL CURRENT ASSETS | $554M |
| PP&E (Net) | $2.0B |
| Goodwill | $756M |
| Intangible Assets | $1.2B |
| Long-Term Investments | $303M |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $23M |
| Short-Term Debt | $23M |
| Deferred Revenue | $271M |
| Other Current Liabilities | -$21M |
| TOTAL CURRENT LIABILITIES | $350M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $92M |
| Deferred Tax Liabilities | $271M |
| Other Non-Current Liabilities | $130M |
| TOTAL NON-CURRENT LIABILITIES | $4.1B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $47M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $186M |
| Treasury Stock | -$2.5B |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $516M |
| Minority Interest | $0 |
| TOTAL EQUITY | $516M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $3.7B |
| Net Debt | $3.4B |
