| Metric | Q2 2014 | Q1 2014 | Q2 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $340M | $354M | $340M | -4.0% | -0.0% |
| Op. Income | $19M | $22M | $27M | -14.0% | -29.1% |
| Gross Margin | 22.1% | 23.0% | 24.1% | -0.9pp | -2.0pp |
| Net Margin | 3.6% | 4.5% | 5.4% | -1.0pp | -1.8pp |
| EPS (Diluted) | $0.45 | $0.60 | $0.69 | -25.0% | -34.8% |
| Free Cash Flow | $63M | $4M | $47M | 1319.1% | 35.6% |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $75M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $46M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $19M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $340M |
| Cost of Revenue | $265M |
| GROSS PROFIT | $75M |
| R&D Expenses | $4M |
| Selling & Marketing | $6M |
| General & Administrative | $46M |
| SG&A Expenses | $52M |
| Other Expenses | $0 |
| Operating Expenses | $56M |
| Cost & Expenses | $321M |
| OPERATING INCOME | $19M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $17M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $12M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $12M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $12M |
| D&A | $8M |
| EBIT | $19M |
| EBITDA | $26M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $12M |
| Depreciation & Amortization | $8M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10.0K |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $66M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | -$23M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $421M |
| Inventory | $54M |
| Other Current Assets | $100M |
| TOTAL CURRENT ASSETS | $742M |
| PP&E (Net) | $64M |
| Goodwill | $188M |
| Intangible Assets | $70M |
| Long-Term Investments | $0 |
| Tax Assets | $18M |
| Other Non-Current Assets | $106M |
| TOTAL NON-CURRENT ASSETS | $446M |
| TOTAL ASSETS | $1.2B |
| Account Payables | $24M |
| Short-Term Debt | $9M |
| Deferred Revenue | $84M |
| Other Current Liabilities | $153M |
| TOTAL CURRENT LIABILITIES | $269M |
| Long-Term Debt | $102M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $44M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $415M |
| Common Stock | $19M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $773M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $16M |
| Other Equity | -$36M |
| TOTAL STOCKHOLDERS' EQUITY | $773M |
| Minority Interest | $0 |
| TOTAL EQUITY | $773M |
| TOTAL LIABILITIES & EQUITY | $1.2B |
| Total Debt | $111M |
| Net Debt | -$56M |
