| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $667M | $576M | $672M | 15.8% | -0.7% |
| Op. Income | $44M | -$7M | $63M | 728.6% | -30.2% |
| Gross Margin | 29.7% | 26.4% | 33.2% | 3.3pp | -3.5pp |
| Net Margin | 11.4% | -8.3% | 10.9% | 19.7pp | 0.5pp |
| EPS (Diluted) | $1.19 | $-0.76 | $1.14 | 256.6% | 4.4% |
| Free Cash Flow | -$5M | -$100M | -$15M | 95.0% | 66.7% |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $469M |
| GROSS PROFIT | $198M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $115M |
| SG&A Expenses | $115M |
| Other Expenses | $22M |
| Operating Expenses | $154M |
| Cost & Expenses | $623M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $31M |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $63M |
| EBIT | $72M |
| EBITDA | $135M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $667M |
| Cost of Revenue | $469M |
| GROSS PROFIT | $198M |
| R&D Expenses | $17M |
| Selling & Marketing | $0 |
| General & Administrative | $115M |
| SG&A Expenses | $115M |
| Other Expenses | $22M |
| Operating Expenses | $154M |
| Cost & Expenses | $623M |
| OPERATING INCOME | $44M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $31M |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $76M |
| D&A | $63M |
| EBIT | $72M |
| EBITDA | $135M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $82M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | -$38M |
| Change in Working Capital | -$93M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$37M |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | -$156M |
| Sales/Maturities of Investments | $157M |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$31M |
| Net Debt Issuance | $30M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $14M |
| FREE CASH FLOW | -$5M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $0 |
| Net Receivables | $522M |
| Inventory | $599M |
| Other Current Assets | $802M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $1.6B |
| Goodwill | $2.3B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $296M |
| Tax Assets | $28M |
| Other Non-Current Assets | $586M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $280M |
| Short-Term Debt | $261M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $273M |
| TOTAL CURRENT LIABILITIES | $920M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $283M |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $4.6B |
| Common Stock | $1M |
| Additional Paid-In Capital | $952M |
| Retained Earnings | $2.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$371M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $2.5B |
| Net Debt | $2.4B |
