| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $972M | $924M | $879M | 5.3% | 10.7% |
| Op. Income | $73M | $63M | $66M | 16.9% | 11.6% |
| Gross Margin | 29.3% | 28.6% | 30.0% | 0.8pp | -0.7pp |
| Net Margin | 4.4% | 3.8% | 3.8% | 0.7pp | 0.6pp |
| EPS (Diluted) | $0.81 | $0.66 | $0.63 | 22.7% | 28.6% |
| Free Cash Flow | $88M | $37M | $68M | 141.4% | 28.9% |
| Item | Amount |
|---|---|
| REVENUE | $972M |
| Cost of Revenue | $687M |
| GROSS PROFIT | $285M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $199M |
| SG&A Expenses | $199M |
| Other Expenses | $13M |
| Operating Expenses | $212M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $23M |
| EBIT | $77M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $972M |
| Cost of Revenue | $687M |
| GROSS PROFIT | $285M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $199M |
| SG&A Expenses | $199M |
| Other Expenses | $13M |
| Operating Expenses | $212M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $59M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $43M |
| D&A | $23M |
| EBIT | $77M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $43M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $11M |
| OPERATING CASH FLOW | $97M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $300.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$200.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $40M |
| Short-Term Investments | $0 |
| Net Receivables | $636M |
| Inventory | $15M |
| Other Current Assets | $20M |
| TOTAL CURRENT ASSETS | $697M |
| PP&E (Net) | $163M |
| Goodwill | $1.4B |
| Intangible Assets | $477M |
| Long-Term Investments | -$242M |
| Tax Assets | $79M |
| Other Non-Current Assets | $179M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $24M |
| Short-Term Debt | $26M |
| Deferred Revenue | $227M |
| Other Current Liabilities | $54M |
| TOTAL CURRENT LIABILITIES | $327M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $79M |
| Other Non-Current Liabilities | $16M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $626M |
| Retained Earnings | $664M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
