| Metric | Q2 2017 | Q1 2017 | Q2 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.4B | $3.3B | 8.6% | 12.4% |
| Op. Income | $182M | $188M | $234M | -3.3% | -22.2% |
| Gross Margin | 7.8% | 8.1% | 9.8% | -0.3pp | -2.0pp |
| Net Margin | 3.0% | 3.6% | 4.3% | -0.6pp | -1.3pp |
| EPS (Diluted) | $0.78 | $0.86 | $1.00 | -9.3% | -22.0% |
| Free Cash Flow | $41M | $76M | $117M | -46.0% | -64.9% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $182M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $23M |
| EBIT | $182M |
| EBITDA | $205M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.4B |
| GROSS PROFIT | $290M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $108M |
| Other Expenses | $0 |
| Operating Expenses | $108M |
| Cost & Expenses | $3.5B |
| OPERATING INCOME | $182M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $172M |
| Income Tax Expense | $61M |
| Net Income from Continuing Ops | $111M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $111M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $23M |
| EBIT | $182M |
| EBITDA | $205M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $111M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$81M |
| OPERATING CASH FLOW | $57M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$17M |
| Net Debt Issuance | $102M |
| Common Stock Repurchased | -$42M |
| Common Dividends Paid | -$64M |
| Other Financing Activities | -$671.0K |
| NET CASH FROM FINANCING | -$384.0K |
| FREE CASH FLOW | $41M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $273M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $0 |
| Other Current Assets | $64M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $234M |
| Goodwill | $1.2B |
| Intangible Assets | $154M |
| Long-Term Investments | -$50M |
| Tax Assets | $5M |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $978M |
| Short-Term Debt | $592M |
| Deferred Revenue | -$61M |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $750M |
| Deferred Revenue NC | $17M |
| Deferred Tax Liabilities | $64M |
| Other Non-Current Liabilities | $18M |
| TOTAL NON-CURRENT LIABILITIES | $831M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $14M |
| Additional Paid-In Capital | $421M |
| Retained Earnings | $3.3B |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$37M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
