| Metric | Q2 2015 | Q1 2015 | Q2 2014 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $630M | $674M | $703M | -6.5% | -10.4% |
| Op. Income | $51M | $133M | $137M | -61.5% | -62.6% |
| Gross Margin | 24.7% | 36.8% | 36.5% | -12.2pp | -11.9pp |
| Net Margin | 7.7% | 19.0% | 18.6% | -11.3pp | -10.9pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $132M | $66M | $96M | 98.8% | 37.5% |
| Item | Amount |
|---|---|
| REVENUE | $630M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $155M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $95M |
| SG&A Expenses | $95M |
| Other Expenses | $9M |
| Operating Expenses | $104M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $4M |
| EBIT | $59M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $630M |
| Cost of Revenue | $475M |
| GROSS PROFIT | $155M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $95M |
| SG&A Expenses | $95M |
| Other Expenses | $9M |
| Operating Expenses | $104M |
| Cost & Expenses | $579M |
| OPERATING INCOME | $51M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $51M |
| Income Tax Expense | $2M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $4M |
| EBIT | $59M |
| EBITDA | $62M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $4M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | $63M |
| OPERATING CASH FLOW | $132M |
| Capital Expenditure | -$400.0K |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$710M |
| Sales/Maturities of Investments | $570M |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$150M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$47M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $132M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $185M |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $66M |
| Goodwill | $0 |
| Intangible Assets | $18M |
| Long-Term Investments | $7.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.5B |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $165M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$433M |
| TOTAL CURRENT LIABILITIES | $165M |
| Long-Term Debt | $625M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | -$632M |
| TOTAL NON-CURRENT LIABILITIES | $632M |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $119M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $1M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $625M |
| Net Debt | -$523M |
