| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $482M | $210M | $486M | 130.1% | -0.7% |
| Op. Income | $67M | -$56M | $54M | 219.7% | 24.7% |
| Gross Margin | 46.7% | 43.2% | 44.5% | 3.4pp | 2.1pp |
| Net Margin | 10.3% | -20.1% | 8.1% | 30.4pp | 2.2pp |
| EPS (Diluted) | $0.26 | $-0.22 | $0.20 | 216.7% | 27.3% |
| Free Cash Flow | -$182M | -$11M | -$257M | -1525.4% | 29.2% |
| Item | Amount |
|---|---|
| REVENUE | $482M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $225M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $158M |
| Cost & Expenses | $415M |
| OPERATING INCOME | $67M |
| Interest Income | $509.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $12M |
| EBIT | $68M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $482M |
| Cost of Revenue | $257M |
| GROSS PROFIT | $225M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $158M |
| Other Expenses | $0 |
| Operating Expenses | $158M |
| Cost & Expenses | $415M |
| OPERATING INCOME | $67M |
| Interest Income | $509.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $66M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $12M |
| EBIT | $68M |
| EBITDA | $80M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$517.0K |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$243M |
| OPERATING CASH FLOW | -$175M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7.0K |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | $133M |
| Common Stock Repurchased | -$978.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $353.0K |
| NET CASH FROM FINANCING | $132M |
| FREE CASH FLOW | -$182M |
| Net Change in Cash | -$49M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $231M |
| Short-Term Investments | $0 |
| Net Receivables | $319M |
| Inventory | $556M |
| Other Current Assets | $29M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $217M |
| Goodwill | $14M |
| Intangible Assets | $62M |
| Long-Term Investments | $0 |
| Tax Assets | $52M |
| Other Non-Current Assets | $22M |
| TOTAL NON-CURRENT ASSETS | $367M |
| TOTAL ASSETS | $1.5B |
| Account Payables | $245M |
| Short-Term Debt | $133M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $474M |
| Long-Term Debt | $32M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $46M |
| TOTAL NON-CURRENT LIABILITIES | $77M |
| TOTAL LIABILITIES | $551M |
| Common Stock | $320.0K |
| Additional Paid-In Capital | $167M |
| Retained Earnings | $828M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$27M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $969M |
| Minority Interest | $0 |
| TOTAL EQUITY | $969M |
| TOTAL LIABILITIES & EQUITY | $1.5B |
| Total Debt | $165M |
| Net Debt | -$65M |
