| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.9B | $3.8B | $4.3B | 4.2% | -8.6% |
| Op. Income | $228M | $225M | $219M | 1.3% | 3.9% |
| Gross Margin | 9.1% | 9.0% | 7.7% | 0.1pp | 1.4pp |
| Net Margin | 4.3% | 4.3% | 3.7% | 0.0pp | 0.6pp |
| EPS (Diluted) | $1.22 | $1.16 | $1.13 | 5.2% | 8.0% |
| Free Cash Flow | $182M | $243M | $93M | -25.2% | 95.0% |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $356M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $228M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $25M |
| EBIT | $228M |
| EBITDA | $253M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.9B |
| Cost of Revenue | $3.6B |
| GROSS PROFIT | $356M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $129M |
| Other Expenses | $0 |
| Operating Expenses | $129M |
| Cost & Expenses | $3.7B |
| OPERATING INCOME | $228M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $221M |
| Income Tax Expense | $52M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $169M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $169M |
| D&A | $25M |
| EBIT | $228M |
| EBITDA | $253M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $169M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $940.0K |
| Change in Working Capital | -$5M |
| OPERATING CASH FLOW | $200M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$14M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$10M |
| NET CASH FROM INVESTING | -$32M |
| Net Debt Issuance | -$88M |
| Common Stock Repurchased | -$107M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | -$638.0K |
| NET CASH FROM FINANCING | -$256M |
| FREE CASH FLOW | $182M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $355M |
| Short-Term Investments | $0 |
| Net Receivables | $2.3B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $485M |
| Goodwill | $1.3B |
| Intangible Assets | $111M |
| Long-Term Investments | -$90M |
| Tax Assets | $13M |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $2.0B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $1.1B |
| Short-Term Debt | $55M |
| Deferred Revenue | -$33M |
| Other Current Liabilities | $230M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $22M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $14M |
| Additional Paid-In Capital | $541M |
| Retained Earnings | $4.0B |
| Treasury Stock | -$2.9B |
| Accum. Other Comp. Income | -$72M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.5B |
| Net Debt | $1.2B |
