| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.7B | $5.8B | $5.5B | -1.2% | 3.9% |
| Op. Income | $269M | $386M | $383M | -30.2% | -29.7% |
| Gross Margin | 28.7% | 29.7% | 30.1% | -1.0pp | -1.4pp |
| Net Margin | 3.1% | 4.6% | 5.0% | -1.5pp | -1.8pp |
| EPS (Diluted) | $0.76 | $1.12 | $1.15 | -32.1% | -33.9% |
| Free Cash Flow | -$66M | $405M | $168M | -116.3% | -139.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $269M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $180M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $155M |
| EBIT | $269M |
| EBITDA | $424M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.7B |
| Cost of Revenue | $4.1B |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.4B |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $5.5B |
| OPERATING INCOME | $269M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | -$41M |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $180M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $180M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $180M |
| D&A | $155M |
| EBIT | $269M |
| EBITDA | $424M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $180M |
| Depreciation & Amortization | $155M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | -$141M |
| OPERATING CASH FLOW | $230M |
| Capital Expenditure | -$296M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$300.0K |
| NET CASH FROM INVESTING | -$296M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | -$66M |
| Net Change in Cash | -$102M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $623M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $3.5B |
| Other Current Assets | $247M |
| TOTAL CURRENT ASSETS | $4.3B |
| PP&E (Net) | $9.7B |
| Goodwill | $2.3B |
| Intangible Assets | $3.1B |
| Long-Term Investments | $0 |
| Tax Assets | $960M |
| Other Non-Current Assets | $76M |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $19.5B |
| Account Payables | $1.5B |
| Short-Term Debt | $750M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $674M |
| TOTAL CURRENT LIABILITIES | $4.1B |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $960M |
| Other Non-Current Liabilities | $288M |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.4B |
| Retained Earnings | $3.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.9B |
| TOTAL LIABILITIES & EQUITY | $19.5B |
| Total Debt | $10.3B |
| Net Debt | $9.6B |
