| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $953M | $973M | $1.0B | -2.0% | -5.9% |
| Op. Income | $78M | $100M | $116M | -21.9% | -32.5% |
| Gross Margin | 23.0% | 24.0% | 24.0% | -1.0pp | -1.0pp |
| Net Margin | 5.2% | 7.9% | 6.1% | -2.7pp | -0.9pp |
| EPS (Diluted) | $0.42 | $0.64 | $0.52 | -34.4% | -19.2% |
| Free Cash Flow | $245M | -$111M | $219M | 320.7% | 12.1% |
| Item | Amount |
|---|---|
| REVENUE | $953M |
| Cost of Revenue | $734M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $141M |
| SG&A Expenses | $141M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $875M |
| OPERATING INCOME | $78M |
| Interest Income | $600.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $66M |
| EBIT | $76M |
| EBITDA | $141M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $953M |
| Cost of Revenue | $734M |
| GROSS PROFIT | $219M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $141M |
| SG&A Expenses | $141M |
| Other Expenses | $0 |
| Operating Expenses | $141M |
| Cost & Expenses | $875M |
| OPERATING INCOME | $78M |
| Interest Income | $600.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $66M |
| EBIT | $76M |
| EBITDA | $141M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $43M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | -$9M |
| Other Non-Cash Items | $15M |
| Change in Working Capital | $60M |
| OPERATING CASH FLOW | $260M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$900.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | $50M |
| Common Stock Repurchased | -$119M |
| Common Dividends Paid | -$57M |
| Other Financing Activities | $10M |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $245M |
| Net Change in Cash | $45M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $250M |
| Short-Term Investments | $0 |
| Net Receivables | $607M |
| Inventory | $0 |
| Other Current Assets | $109M |
| TOTAL CURRENT ASSETS | $966M |
| PP&E (Net) | $188M |
| Goodwill | $1.3B |
| Intangible Assets | $445M |
| Long-Term Investments | $85M |
| Tax Assets | $352M |
| Other Non-Current Assets | $66M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $138M |
| Short-Term Debt | $0 |
| Deferred Revenue | $131M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $598M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $169M |
| Deferred Tax Liabilities | $74M |
| Other Non-Current Liabilities | $200M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $1.8B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$69M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.2B |
| Net Debt | $944M |
