| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.3B | 11.9% | 13.0% |
| Op. Income | $601M | $397M | $458M | 51.4% | 31.1% |
| Gross Margin | 55.8% | 47.3% | 53.0% | 8.5pp | 2.8pp |
| Net Margin | 36.6% | 24.6% | 24.9% | 12.1pp | 11.7pp |
| EPS (Diluted) | $0.75 | $0.45 | $0.45 | 66.1% | 68.9% |
| Free Cash Flow | $191M | $138M | $218M | 38.6% | -12.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $639M |
| GROSS PROFIT | $806M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $205M |
| Operating Expenses | $205M |
| Cost & Expenses | $844M |
| OPERATING INCOME | $601M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $620M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $529M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $529M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $529M |
| D&A | $134M |
| EBIT | $702M |
| EBITDA | $835M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $639M |
| GROSS PROFIT | $806M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $205M |
| Operating Expenses | $205M |
| Cost & Expenses | $844M |
| OPERATING INCOME | $601M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | $19M |
| INCOME BEFORE TAX | $620M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $529M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $529M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $529M |
| D&A | $134M |
| EBIT | $702M |
| EBITDA | $835M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $529M |
| Depreciation & Amortization | $134M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$13M |
| Other Non-Cash Items | -$79M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $527M |
| Capital Expenditure | -$335M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$333M |
| Net Debt Issuance | -$351M |
| Common Stock Repurchased | -$188M |
| Common Dividends Paid | -$67M |
| Other Financing Activities | $180M |
| NET CASH FROM FINANCING | -$418M |
| FREE CASH FLOW | $191M |
| Net Change in Cash | -$224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $581M |
| Inventory | $143M |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $815M |
| PP&E (Net) | $13.8B |
| Goodwill | $0 |
| Intangible Assets | $141M |
| Long-Term Investments | $153M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $16.0B |
| Account Payables | $971M |
| Short-Term Debt | $252M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $5.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $737M |
| TOTAL NON-CURRENT LIABILITIES | $9.6B |
| TOTAL LIABILITIES | $10.8B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $5.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $16.0B |
| Total Debt | $6.5B |
| Net Debt | $6.5B |
