| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.8B | 1.1% | -23.3% |
| Op. Income | $397M | $372M | $351M | 6.6% | 12.9% |
| Gross Margin | 48.0% | 47.6% | 36.8% | 0.3pp | 11.2pp |
| Net Margin | 15.6% | 11.9% | 7.6% | 3.7pp | 8.0pp |
| EPS (Diluted) | $3.93 | $2.95 | $2.47 | 33.2% | 59.1% |
| Free Cash Flow | $618M | $605M | $477M | 2.1% | 29.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $727M |
| GROSS PROFIT | $670M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $227M |
| Operating Expenses | $273M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $397M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$134M |
| INCOME BEFORE TAX | $263M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $122M |
| EBIT | $263M |
| EBITDA | $385M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $727M |
| GROSS PROFIT | $670M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $46M |
| SG&A Expenses | $46M |
| Other Expenses | $227M |
| Operating Expenses | $273M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $397M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$134M |
| INCOME BEFORE TAX | $263M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | -$6M |
| Other Adjustments | $0 |
| NET INCOME | $218M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $218M |
| D&A | $122M |
| EBIT | $263M |
| EBITDA | $385M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $218M |
| Depreciation & Amortization | $122M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$66M |
| Other Non-Cash Items | $356M |
| Change in Working Capital | $21M |
| OPERATING CASH FLOW | $672M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $5M |
| Other Investing Activities | -$555M |
| NET CASH FROM INVESTING | -$629M |
| Net Debt Issuance | -$608M |
| Common Stock Repurchased | -$95M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $79M |
| NET CASH FROM FINANCING | -$655M |
| FREE CASH FLOW | $618M |
| Net Change in Cash | -$615M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.4B |
| Short-Term Investments | $0 |
| Net Receivables | $17.5B |
| Inventory | $233M |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $23.1B |
| PP&E (Net) | $621M |
| Goodwill | $3.9B |
| Intangible Assets | $668M |
| Long-Term Investments | $0 |
| Tax Assets | $83M |
| Other Non-Current Assets | $640M |
| TOTAL NON-CURRENT ASSETS | $5.9B |
| TOTAL ASSETS | $29.0B |
| Account Payables | $532M |
| Short-Term Debt | $2.6B |
| Deferred Revenue | $789M |
| Other Current Liabilities | $6.5B |
| TOTAL CURRENT LIABILITIES | $10.8B |
| Long-Term Debt | $11.0B |
| Deferred Revenue NC | $112M |
| Deferred Tax Liabilities | $189M |
| Other Non-Current Liabilities | $4.8B |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $26.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $4.5B |
| Treasury Stock | -$5.4B |
| Accum. Other Comp. Income | -$136M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.1B |
| TOTAL LIABILITIES & EQUITY | $29.0B |
| Total Debt | $13.6B |
| Net Debt | $10.1B |
