| Metric | Q3 2019 | Q2 2019 | Q3 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $752M | $759M | $588M | -0.9% | 27.9% |
| Op. Income | $99M | $103M | $73M | -3.9% | 36.2% |
| Gross Margin | 25.2% | 25.3% | 27.2% | -0.1pp | -2.0pp |
| Net Margin | 8.8% | 10.2% | 8.4% | -1.4pp | 0.4pp |
| EPS (Diluted) | $1.02 | $1.20 | $0.77 | -15.0% | 32.5% |
| Free Cash Flow | $52M | $33M | $74M | 57.7% | -29.4% |
| Item | Amount |
|---|---|
| REVENUE | $752M |
| Cost of Revenue | $563M |
| GROSS PROFIT | $189M |
| R&D Expenses | $41M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $93M |
| Cost & Expenses | $653M |
| OPERATING INCOME | $99M |
| Interest Income | $348.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $33M |
| EBIT | $99M |
| EBITDA | $132M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $752M |
| Cost of Revenue | $563M |
| GROSS PROFIT | $189M |
| R&D Expenses | $41M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $93M |
| Cost & Expenses | $653M |
| OPERATING INCOME | $99M |
| Interest Income | $348.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | $26M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $33M |
| EBIT | $99M |
| EBITDA | $132M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $33M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $910.0K |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $538.0K |
| Purchases of Investments | -$12M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | $28M |
| Common Stock Repurchased | -$71M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $63M |
| Short-Term Investments | $0 |
| Net Receivables | $659M |
| Inventory | $531M |
| Other Current Assets | $45M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $1.1B |
| Goodwill | $808M |
| Intangible Assets | $641M |
| Long-Term Investments | $8M |
| Tax Assets | $15M |
| Other Non-Current Assets | $182M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $243M |
| Short-Term Debt | $180M |
| Deferred Revenue | $26M |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $643M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $333M |
| Deferred Tax Liabilities | $173M |
| Other Non-Current Liabilities | $151M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $206M |
| Retained Earnings | $2.2B |
| Treasury Stock | -$615M |
| Accum. Other Comp. Income | -$64M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
