| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $3.6B | $3.9B | 16.1% | 7.6% |
| Op. Income | $266M | $204M | $231M | 30.1% | 15.0% |
| Gross Margin | 16.6% | 16.7% | 16.5% | -0.1pp | 0.2pp |
| Net Margin | 4.1% | 3.5% | 3.6% | 0.6pp | 0.5pp |
| EPS (Diluted) | $1.12 | $0.82 | $0.89 | 36.6% | 25.8% |
| Free Cash Flow | $92M | $206M | -$11M | -55.2% | 947.7% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $696M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $381M |
| SG&A Expenses | $430M |
| Other Expenses | $0 |
| Operating Expenses | $430M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $266M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $66M |
| EBIT | $267M |
| EBITDA | $333M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $696M |
| R&D Expenses | $0 |
| Selling & Marketing | $49M |
| General & Administrative | $381M |
| SG&A Expenses | $430M |
| Other Expenses | $0 |
| Operating Expenses | $430M |
| Cost & Expenses | $3.9B |
| OPERATING INCOME | $266M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | $57M |
| Net Income from Continuing Ops | $173M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $173M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $173M |
| D&A | $66M |
| EBIT | $267M |
| EBITDA | $333M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $173M |
| Depreciation & Amortization | $66M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$130M |
| OPERATING CASH FLOW | $110M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$18M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | -$67M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$118M |
| NET CASH FROM FINANCING | -$207M |
| FREE CASH FLOW | $92M |
| Net Change in Cash | -$120M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $101M |
| Short-Term Investments | $0 |
| Net Receivables | $3.0B |
| Inventory | $577M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $150M |
| Goodwill | $2.5B |
| Intangible Assets | $802M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $60M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $7.3B |
| Account Payables | $1.7B |
| Short-Term Debt | $39M |
| Deferred Revenue | $170M |
| Other Current Liabilities | $351M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $3.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $173M |
| Other Non-Current Liabilities | $67M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $6.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.0B |
| Retained Earnings | -$1.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$105M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $7.3B |
| Total Debt | $3.2B |
| Net Debt | $3.1B |
