| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $470M | $479M | $459M | -2.0% | 2.3% |
| Op. Income | $130M | $134M | $154M | -3.2% | -15.5% |
| Gross Margin | 63.0% | 64.0% | 66.6% | -1.0pp | -3.7pp |
| Net Margin | 19.2% | 8.4% | 4.2% | 10.8pp | 14.9pp |
| EPS (Diluted) | $0.19 | $0.08 | $0.04 | 124.1% | 375.0% |
| Free Cash Flow | $244M | $196M | $238M | 24.1% | 2.1% |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $296M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $143M |
| Operating Expenses | $166M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $130M |
| Interest Income | $1M |
| Interest Expense | $73M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $143M |
| EBIT | $161M |
| EBITDA | $305M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $470M |
| Cost of Revenue | $174M |
| GROSS PROFIT | $296M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $23M |
| SG&A Expenses | $23M |
| Other Expenses | $143M |
| Operating Expenses | $166M |
| Cost & Expenses | $340M |
| OPERATING INCOME | $130M |
| Interest Income | $1M |
| Interest Expense | $73M |
| Other Income/Expenses | -$42M |
| INCOME BEFORE TAX | $88M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $93M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $143M |
| EBIT | $161M |
| EBITDA | $305M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $93M |
| Depreciation & Amortization | $143M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$24M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $333M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $148M |
| NET CASH FROM INVESTING | $481M |
| Net Debt Issuance | -$542M |
| Common Stock Repurchased | -$634.0K |
| Common Dividends Paid | -$174M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$721M |
| FREE CASH FLOW | $244M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9M |
| Short-Term Investments | $0 |
| Net Receivables | $485M |
| Inventory | -$21M |
| Other Current Assets | $723M |
| TOTAL CURRENT ASSETS | $194M |
| PP&E (Net) | $10.0B |
| Goodwill | $0 |
| Intangible Assets | $446M |
| Long-Term Investments | $1M |
| Tax Assets | -$10.0B |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $0 |
| Short-Term Debt | $2M |
| Deferred Revenue | $44M |
| Other Current Liabilities | $323M |
| TOTAL CURRENT LIABILITIES | $574M |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $12M |
| Deferred Tax Liabilities | -$12M |
| Other Non-Current Liabilities | -$91M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.2B |
| Retained Earnings | -$376M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | -$3.5B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $96M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.6B |
| Net Debt | $1.6B |
