| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $832M | $843M | $805M | -1.3% | 3.4% |
| Op. Income | $90M | $120M | $108M | -25.5% | -17.1% |
| Gross Margin | 40.2% | 41.5% | 41.7% | -1.3pp | -1.5pp |
| Net Margin | 11.6% | 8.5% | 8.4% | 3.2pp | 3.3pp |
| EPS (Diluted) | $2.33 | $1.70 | $1.53 | 37.1% | 52.3% |
| Free Cash Flow | $28M | $130M | $17M | -78.5% | 68.1% |
| Item | Amount |
|---|---|
| REVENUE | $832M |
| Cost of Revenue | $498M |
| GROSS PROFIT | $335M |
| R&D Expenses | $0 |
| Selling & Marketing | $246M |
| General & Administrative | $0 |
| SG&A Expenses | $244M |
| Other Expenses | $600.0K |
| Operating Expenses | $245M |
| Cost & Expenses | $743M |
| OPERATING INCOME | $90M |
| Interest Income | $700.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $19M |
| EBIT | $87M |
| EBITDA | $107M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $832M |
| Cost of Revenue | $498M |
| GROSS PROFIT | $335M |
| R&D Expenses | $0 |
| Selling & Marketing | $246M |
| General & Administrative | $0 |
| SG&A Expenses | $244M |
| Other Expenses | $600.0K |
| Operating Expenses | $245M |
| Cost & Expenses | $743M |
| OPERATING INCOME | $90M |
| Interest Income | $700.0K |
| Interest Expense | $9M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $79M |
| Income Tax Expense | -$18M |
| Net Income from Continuing Ops | $97M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $97M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $97M |
| D&A | $19M |
| EBIT | $87M |
| EBITDA | $107M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $97M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$32M |
| Other Non-Cash Items | -$53M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $39M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$26M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$26M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | -$194M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$200M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | -$199M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $230M |
| Short-Term Investments | $0 |
| Net Receivables | $500M |
| Inventory | $322M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $283M |
| Goodwill | $912M |
| Intangible Assets | $448M |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.8B |
| Account Payables | $342M |
| Short-Term Debt | $400.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $510M |
| Long-Term Debt | $357M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $76M |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $605M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $893M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$970M |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.8B |
| Total Debt | $357M |
| Net Debt | $127M |
