| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $692M | $578M | $622M | 19.8% | 11.2% |
| Op. Income | $118M | $56M | $90M | 110.2% | 30.5% |
| Gross Margin | 43.1% | 38.7% | 41.9% | 4.3pp | 1.2pp |
| Net Margin | 9.9% | 6.0% | 7.0% | 3.9pp | 2.8pp |
| EPS (Diluted) | $1.25 | $0.62 | $0.82 | 101.6% | 52.4% |
| Free Cash Flow | $7M | -$18M | $13M | 140.2% | -40.7% |
| Item | Amount |
|---|---|
| REVENUE | $692M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $298M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $28M |
| Operating Expenses | $180M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $118M |
| Interest Income | $500.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $28M |
| EBIT | $118M |
| EBITDA | $146M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $692M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $298M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $28M |
| Operating Expenses | $180M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $118M |
| Interest Income | $500.0K |
| Interest Expense | $10M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $99M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $68M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $68M |
| D&A | $28M |
| EBIT | $118M |
| EBITDA | $146M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | -$115M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $563.0K |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $321M |
| Common Stock Repurchased | -$173.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | $313M |
| FREE CASH FLOW | $7M |
| Net Change in Cash | $339M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $0 |
| Net Receivables | $837M |
| Inventory | $24.0K |
| Other Current Assets | $109M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $701M |
| Goodwill | $706M |
| Intangible Assets | $104M |
| Long-Term Investments | -$53M |
| Tax Assets | $53M |
| Other Non-Current Assets | $120M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $432M |
| Short-Term Debt | $24M |
| Deferred Revenue | $62M |
| Other Current Liabilities | $26M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $62M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $773M |
| Treasury Stock | -$393M |
| Accum. Other Comp. Income | -$155M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $40.0K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $1.5B |
| Net Debt | -$57M |
