| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $396M | — | $296M | — | 33.8% |
| Op. Income | $46M | — | $21M | — | 123.4% |
| Gross Margin | 20.4% | — | 17.9% | — | 2.5pp |
| Net Margin | 7.5% | — | 5.0% | — | 2.5pp |
| EPS (Diluted) | $0.33 | — | $0.17 | — | 95.7% |
| Free Cash Flow | -$67M | — | $44M | — | -253.1% |
| Item | Amount |
|---|---|
| REVENUE | $396M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $46M |
| Interest Income | $716.4K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $7M |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $16M |
| EBIT | $47M |
| EBITDA | $63M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $396M |
| Cost of Revenue | $315M |
| GROSS PROFIT | $81M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $34M |
| Other Expenses | $0 |
| Operating Expenses | $34M |
| Cost & Expenses | $350M |
| OPERATING INCOME | $46M |
| Interest Income | $716.4K |
| Interest Expense | $3M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $44M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $7M |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $16M |
| EBIT | $47M |
| EBITDA | $63M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$572.9K |
| Change in Working Capital | -$65M |
| OPERATING CASH FLOW | -$13M |
| Capital Expenditure | -$54M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$53M |
| Net Debt Issuance | $10M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$7M |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | $7M |
| FREE CASH FLOW | -$67M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $164M |
| Short-Term Investments | $0 |
| Net Receivables | $268M |
| Inventory | $177M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $703M |
| PP&E (Net) | $512M |
| Goodwill | $422M |
| Intangible Assets | $18M |
| Long-Term Investments | $0 |
| Tax Assets | $37M |
| Other Non-Current Assets | $16M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $1.7B |
| Account Payables | $244M |
| Short-Term Debt | $0 |
| Deferred Revenue | $163M |
| Other Current Liabilities | $16M |
| TOTAL CURRENT LIABILITIES | $432M |
| Long-Term Debt | $267M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $11M |
| TOTAL NON-CURRENT LIABILITIES | $343M |
| TOTAL LIABILITIES | $776M |
| Common Stock | $273M |
| Additional Paid-In Capital | $478M |
| Retained Earnings | $113M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $932M |
| Minority Interest | $1M |
| TOTAL EQUITY | $933M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $295M |
| Net Debt | $132M |
