| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.2B | $2.2B | -1.4% | -0.4% |
| Op. Income | $307M | $333M | $342M | -7.8% | -10.2% |
| Gross Margin | 32.5% | 33.0% | 35.1% | -0.5pp | -2.6pp |
| Net Margin | -2.7% | 8.8% | 13.1% | -11.5pp | -15.8pp |
| EPS (Diluted) | $-0.20 | $0.64 | $0.95 | -131.3% | -121.1% |
| Free Cash Flow | $528M | $120M | $398M | 340.0% | 32.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $706M |
| R&D Expenses | $20M |
| Selling & Marketing | $221M |
| General & Administrative | $146M |
| SG&A Expenses | $367M |
| Other Expenses | $12M |
| Operating Expenses | $399M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $307M |
| Interest Income | $0 |
| Interest Expense | $91M |
| Other Income/Expenses | -$73M |
| INCOME BEFORE TAX | $234M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $176M |
| Net Income from Discontinued Ops | -$235M |
| Other Adjustments | $0 |
| NET INCOME | -$59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$59M |
| D&A | $119M |
| EBIT | $325M |
| EBITDA | $444M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$59M |
| Depreciation & Amortization | $119M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | -$57M |
| Other Non-Cash Items | $319M |
| Change in Working Capital | $276M |
| OPERATING CASH FLOW | $615M |
| Capital Expenditure | -$87M |
| Acquisitions (Net) | -$17M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | -$408M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$105M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$515M |
| FREE CASH FLOW | $528M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $927M |
| Inventory | $1.1B |
| Other Current Assets | $89M |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $3.0B |
| Goodwill | $4.7B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $220M |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $930M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $904M |
| Other Non-Current Liabilities | $540M |
| TOTAL NON-CURRENT LIABILITIES | $9.4B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $12M |
| Additional Paid-In Capital | $349M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$143M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $9M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $9.5B |
| Net Debt | $9.3B |
