| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.7B | -2.4% | -6.6% |
| Op. Income | $326M | $329M | $382M | -0.9% | -14.5% |
| Gross Margin | 35.6% | 34.8% | 38.1% | 0.8pp | -2.5pp |
| Net Margin | 17.1% | 16.3% | 18.4% | 0.8pp | -1.3pp |
| EPS (Diluted) | $0.35 | $0.34 | $0.40 | 1.9% | -13.4% |
| Free Cash Flow | $319M | $275M | $324M | 16.1% | -1.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $565M |
| R&D Expenses | $30M |
| Selling & Marketing | $174M |
| General & Administrative | $36M |
| SG&A Expenses | $210M |
| Other Expenses | $403.0K |
| Operating Expenses | $239M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $326M |
| Interest Income | $2M |
| Interest Expense | $810.5K |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $341M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $273M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $4M |
| NET INCOME | $271M |
| Net Income Deductions | $27.5K |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $279M |
| EBIT | $342M |
| EBITDA | $621M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $565M |
| R&D Expenses | $30M |
| Selling & Marketing | $174M |
| General & Administrative | $36M |
| SG&A Expenses | $210M |
| Other Expenses | $403.0K |
| Operating Expenses | $239M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $326M |
| Interest Income | $2M |
| Interest Expense | $810.5K |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $341M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $273M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $4M |
| NET INCOME | $271M |
| Net Income Deductions | $27.5K |
| BOTTOM LINE NET INCOME | $271M |
| D&A | $279M |
| EBIT | $342M |
| EBITDA | $621M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $341M |
| Depreciation & Amortization | $279M |
| Stock-Based Compensation | $13.6K |
| Deferred Income Tax | -$136M |
| Other Non-Cash Items | -$126M |
| Change in Working Capital | $12M |
| OPERATING CASH FLOW | $505M |
| Capital Expenditure | -$186M |
| Acquisitions (Net) | $1M |
| Purchases of Investments | -$340M |
| Sales/Maturities of Investments | $23M |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$496M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $319M |
| Net Change in Cash | -$21M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $592M |
| Net Receivables | $1.0B |
| Inventory | $563M |
| Other Current Assets | $94M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $9.3B |
| Goodwill | $7M |
| Intangible Assets | $1.5B |
| Long-Term Investments | $354M |
| Tax Assets | $112M |
| Other Non-Current Assets | $640M |
| TOTAL NON-CURRENT ASSETS | $12.0B |
| TOTAL ASSETS | $15.5B |
| Account Payables | $485M |
| Short-Term Debt | $3M |
| Deferred Revenue | $466M |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $349M |
| Deferred Tax Liabilities | $62M |
| Other Non-Current Liabilities | $163M |
| TOTAL NON-CURRENT LIABILITIES | $825M |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.4B |
| Minority Interest | $306M |
| TOTAL EQUITY | $11.7B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $362M |
| Net Debt | -$796M |
