| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $502M | $251M | $482M | 100.3% | 4.0% |
| Op. Income | $90M | -$39M | $67M | 329.4% | 34.2% |
| Gross Margin | 50.2% | 45.9% | 46.7% | 4.3pp | 3.5pp |
| Net Margin | 14.8% | -12.1% | 10.3% | 27.0pp | 4.5pp |
| EPS (Diluted) | $0.41 | $-0.17 | $0.26 | 348.0% | 61.0% |
| Free Cash Flow | -$176M | $787.0K | -$182M | -22414.4% | 3.4% |
| Item | Amount |
|---|---|
| REVENUE | $502M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $252M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $90M |
| Interest Income | $814.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$637.0K |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $11M |
| EBIT | $91M |
| EBITDA | $102M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $502M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $252M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $161M |
| Other Expenses | $0 |
| Operating Expenses | $161M |
| Cost & Expenses | $412M |
| OPERATING INCOME | $90M |
| Interest Income | $814.0K |
| Interest Expense | $2M |
| Other Income/Expenses | -$637.0K |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $74M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $74M |
| D&A | $11M |
| EBIT | $91M |
| EBITDA | $102M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $74M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | -$356.0K |
| Change in Working Capital | -$257M |
| OPERATING CASH FLOW | -$169M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $21.0K |
| NET CASH FROM INVESTING | -$7M |
| Net Debt Issuance | $70M |
| Common Stock Repurchased | -$129M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $475.0K |
| NET CASH FROM FINANCING | -$59M |
| FREE CASH FLOW | -$176M |
| Net Change in Cash | -$236M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $182M |
| Short-Term Investments | $0 |
| Net Receivables | $324M |
| Inventory | $515M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $216M |
| Goodwill | $14M |
| Intangible Assets | $54M |
| Long-Term Investments | $0 |
| Tax Assets | $39M |
| Other Non-Current Assets | $23M |
| TOTAL NON-CURRENT ASSETS | $346M |
| TOTAL ASSETS | $1.4B |
| Account Payables | $278M |
| Short-Term Debt | $71M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $448M |
| Long-Term Debt | $31M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $98M |
| TOTAL NON-CURRENT LIABILITIES | $129M |
| TOTAL LIABILITIES | $577M |
| Common Stock | $294.0K |
| Additional Paid-In Capital | $171M |
| Retained Earnings | $696M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$20M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $847M |
| Minority Interest | $0 |
| TOTAL EQUITY | $847M |
| TOTAL LIABILITIES & EQUITY | $1.4B |
| Total Debt | $103M |
| Net Debt | -$80M |
