| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $622M | $551M | $537M | 13.0% | 16.0% |
| Op. Income | $90M | $45M | $67M | 98.7% | 35.5% |
| Gross Margin | 41.9% | 37.6% | 40.9% | 4.3pp | 1.0pp |
| Net Margin | 7.0% | 4.8% | 9.6% | 2.2pp | -2.6pp |
| EPS (Diluted) | $0.82 | $0.49 | $0.93 | 67.3% | -11.8% |
| Free Cash Flow | $13M | $3M | $7M | 266.5% | 74.8% |
| Item | Amount |
|---|---|
| REVENUE | $622M |
| Cost of Revenue | $362M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $26M |
| Operating Expenses | $170M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $90M |
| Interest Income | $400.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $26M |
| EBIT | $90M |
| EBITDA | $117M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $622M |
| Cost of Revenue | $362M |
| GROSS PROFIT | $261M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $144M |
| Other Expenses | $26M |
| Operating Expenses | $170M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $90M |
| Interest Income | $400.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $60M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $26M |
| EBIT | $90M |
| EBITDA | $117M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$29M |
| Change in Working Capital | -$16M |
| OPERATING CASH FLOW | $41M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $369M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $373.0K |
| NET CASH FROM FINANCING | $319M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $287M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $697M |
| Inventory | -$65.0K |
| Other Current Assets | $116M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $275M |
| Goodwill | $719M |
| Intangible Assets | $136M |
| Long-Term Investments | -$54M |
| Tax Assets | $54M |
| Other Non-Current Assets | $112M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $392M |
| Short-Term Debt | $619M |
| Deferred Revenue | $51M |
| Other Current Liabilities | $27M |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $372M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $54M |
| Other Non-Current Liabilities | $117M |
| TOTAL NON-CURRENT LIABILITIES | $498M |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $507M |
| Treasury Stock | -$393M |
| Accum. Other Comp. Income | -$130M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $766.0K |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $1.0B |
| Net Debt | -$158M |
