| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.4B | 5.2% | 6.3% |
| Op. Income | $102M | $86M | $94M | 18.3% | 8.0% |
| Gross Margin | 35.9% | 35.3% | 36.5% | 0.6pp | -0.6pp |
| Net Margin | 5.2% | 4.6% | 6.0% | 0.6pp | -0.8pp |
| EPS (Diluted) | $0.47 | $0.39 | $0.50 | 19.7% | -5.5% |
| Free Cash Flow | $73M | $30M | $11M | 138.9% | 555.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $924M |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $416M |
| Other Expenses | $0 |
| Operating Expenses | $416M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $47M |
| EBIT | $102M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $924M |
| GROSS PROFIT | $518M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $416M |
| Other Expenses | $0 |
| Operating Expenses | $416M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $102M |
| Interest Income | $0 |
| Interest Expense | $3M |
| Other Income/Expenses | -$3M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $25M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $75M |
| D&A | $47M |
| EBIT | $102M |
| EBITDA | $149M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $53M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$44M |
| Net Debt Issuance | $40M |
| Common Stock Repurchased | -$41M |
| Common Dividends Paid | -$38M |
| Other Financing Activities | -$736.0K |
| NET CASH FROM FINANCING | -$39M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $110M |
| Inventory | $1.3B |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $2.1B |
| Goodwill | $85M |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $42M |
| Other Non-Current Assets | $68M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $444M |
| Short-Term Debt | $100M |
| Deferred Revenue | $296M |
| Other Current Liabilities | $69M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $300M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $116M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.8B |
| Common Stock | $777.0K |
| Additional Paid-In Capital | $595M |
| Retained Earnings | $551M |
| Treasury Stock | -$941.0K |
| Accum. Other Comp. Income | -$14M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.8B |
| Net Debt | $1.6B |
