| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.7B | $1.5B | 8.5% | 23.7% |
| Op. Income | $61M | $218M | $276M | -72.1% | -77.9% |
| Gross Margin | 8.9% | 18.9% | 24.1% | -10.0pp | -15.2pp |
| Net Margin | 3.7% | 12.1% | 16.1% | -8.4pp | -12.4pp |
| EPS (Diluted) | $1.70 | $5.11 | $5.95 | -66.7% | -71.4% |
| Free Cash Flow | -$63M | $196M | $253M | -132.2% | -124.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $101M |
| Operating Expenses | $107M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $0 |
| EBIT | $68M |
| EBITDA | $68M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $168M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $7M |
| SG&A Expenses | $7M |
| Other Expenses | $101M |
| Operating Expenses | $107M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $61M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $0 |
| EBIT | $68M |
| EBITDA | $68M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $20M |
| Change in Working Capital | -$162M |
| OPERATING CASH FLOW | -$63M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | -$384M |
| NET CASH FROM INVESTING | $58M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$53M |
| Other Financing Activities | -$662.0K |
| NET CASH FROM FINANCING | -$79M |
| FREE CASH FLOW | -$63M |
| Net Change in Cash | -$81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $619M |
| Short-Term Investments | $15.8B |
| Net Receivables | $4.0B |
| Inventory | $0 |
| Other Current Assets | -$20.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $15.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$15.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $23.9B |
| Account Payables | $312M |
| Short-Term Debt | $397M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$767M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $634M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$634M |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $15.6B |
| Common Stock | $692.0K |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $9.9B |
| Treasury Stock | -$3.3B |
| Accum. Other Comp. Income | -$445M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.2B |
| TOTAL LIABILITIES & EQUITY | $23.9B |
| Total Debt | $1.0B |
| Net Debt | $411M |
