| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $404M | $487M | $438M | -17.0% | -7.8% |
| Op. Income | $33M | $68M | $27M | -51.4% | 24.8% |
| Gross Margin | 18.0% | 23.6% | 14.9% | -5.6pp | 3.0pp |
| Net Margin | 1.9% | 10.5% | 2.9% | -8.6pp | -1.0pp |
| EPS (Diluted) | $0.22 | $1.50 | $0.37 | -85.3% | -40.5% |
| Free Cash Flow | $107M | $700.0K | $150M | 15171.4% | -28.7% |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $8M |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $35M |
| EBIT | $29M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $404M |
| Cost of Revenue | $331M |
| GROSS PROFIT | $73M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $39M |
| Other Expenses | $0 |
| Operating Expenses | $39M |
| Cost & Expenses | $371M |
| OPERATING INCOME | $33M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $13M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $8M |
| Net Income from Discontinued Ops | $0 |
| NET INCOME | $8M |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $35M |
| EBIT | $29M |
| EBITDA | $64M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $8M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | $42M |
| Change in Working Capital | $78M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$300.0K |
| NET CASH FROM INVESTING | -$22M |
| Net Debt Issuance | -$65M |
| Common Stock Repurchased | -$200.0K |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$300.0K |
| NET CASH FROM FINANCING | -$90M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $44M |
| Short-Term Investments | $0 |
| Net Receivables | $241M |
| Inventory | $226M |
| Other Current Assets | $108M |
| TOTAL CURRENT ASSETS | $619M |
| PP&E (Net) | $1.0B |
| Goodwill | $351M |
| Intangible Assets | $113M |
| Long-Term Investments | $24M |
| Tax Assets | $0 |
| Other Non-Current Assets | $153M |
| TOTAL NON-CURRENT ASSETS | $1.7B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $91M |
| Short-Term Debt | $74M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $286M |
| Long-Term Debt | $1.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $103M |
| Other Non-Current Liabilities | $156M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $111M |
| Retained Earnings | $626M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$196M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $539M |
| Minority Interest | $0 |
| TOTAL EQUITY | $539M |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.3B |
| Net Debt | $1.3B |
