| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $904M | $900M | $915M | 0.4% | -1.2% |
| Op. Income | $72M | $68M | $77M | 4.8% | -7.5% |
| Gross Margin | 22.7% | 21.8% | 21.5% | 0.9pp | 1.3pp |
| Net Margin | 4.7% | 4.2% | 5.6% | 0.4pp | -0.9pp |
| EPS (Diluted) | $0.54 | $0.49 | $0.63 | 10.2% | -14.3% |
| Free Cash Flow | $108M | -$35M | $64M | 410.7% | 69.0% |
| Item | Amount |
|---|---|
| REVENUE | $904M |
| Cost of Revenue | $698M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $134M |
| Other Expenses | $800.0K |
| Operating Expenses | $134M |
| Cost & Expenses | $832M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $24M |
| EBIT | $47M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $904M |
| Cost of Revenue | $698M |
| GROSS PROFIT | $206M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $134M |
| Other Expenses | $800.0K |
| Operating Expenses | $134M |
| Cost & Expenses | $832M |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $10M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $42M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $42M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $42M |
| D&A | $24M |
| EBIT | $47M |
| EBITDA | $70M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $42M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $55M |
| OPERATING CASH FLOW | $124M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$14M |
| Net Debt Issuance | -$49M |
| Common Stock Repurchased | -$27M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | -$800.0K |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $108M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $126M |
| Short-Term Investments | $0 |
| Net Receivables | $474M |
| Inventory | $353M |
| Other Current Assets | $67M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $572M |
| Goodwill | $697M |
| Intangible Assets | $486M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $156M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.9B |
| Account Payables | $398M |
| Short-Term Debt | $42M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$23M |
| TOTAL CURRENT LIABILITIES | $607M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $309M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $523M |
| Treasury Stock | -$1.0B |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $570M |
| Minority Interest | $700.0K |
| TOTAL EQUITY | $571M |
| TOTAL LIABILITIES & EQUITY | $2.9B |
| Total Debt | $1.5B |
| Net Debt | $1.4B |
