| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.6B | $2.6B | $2.4B | 0.3% | 8.5% |
| Op. Income | $409M | $421M | $401M | -2.9% | 2.0% |
| Gross Margin | 25.2% | 25.6% | 26.6% | -0.4pp | -1.4pp |
| Net Margin | 13.2% | 11.1% | 12.1% | 2.0pp | 1.0pp |
| EPS (Diluted) | $2.39 | $2.00 | $2.00 | 19.5% | 19.5% |
| Free Cash Flow | $327M | -$163M | $285M | 300.6% | 14.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $658M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $0 |
| Operating Expenses | $249M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $409M |
| Interest Income | $2M |
| Interest Expense | $63M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $430M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $346M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $344M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $344M |
| D&A | $148M |
| EBIT | $492M |
| EBITDA | $640M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $2.6B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $658M |
| R&D Expenses | $60M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $189M |
| Other Expenses | $0 |
| Operating Expenses | $249M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $409M |
| Interest Income | $2M |
| Interest Expense | $63M |
| Other Income/Expenses | $21M |
| INCOME BEFORE TAX | $430M |
| Income Tax Expense | $84M |
| Net Income from Continuing Ops | $346M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $344M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $344M |
| D&A | $148M |
| EBIT | $492M |
| EBITDA | $640M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $346M |
| Depreciation & Amortization | $148M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$41M |
| OPERATING CASH FLOW | $443M |
| Capital Expenditure | -$116M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15M |
| NET CASH FROM INVESTING | -$101M |
| Net Debt Issuance | -$109M |
| Common Stock Repurchased | -$150M |
| Common Dividends Paid | -$80M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$339M |
| FREE CASH FLOW | $327M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $193M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $1.5B |
| Other Current Assets | $66M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $5.6B |
| Goodwill | $4.5B |
| Intangible Assets | $2.3B |
| Long-Term Investments | -$933M |
| Tax Assets | $933M |
| Other Non-Current Assets | $400M |
| TOTAL NON-CURRENT ASSETS | $12.8B |
| TOTAL ASSETS | $16.3B |
| Account Payables | $811M |
| Short-Term Debt | $662M |
| Deferred Revenue | $214M |
| Other Current Liabilities | $381M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $924M |
| Deferred Tax Liabilities | $933M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $8.4B |
| TOTAL LIABILITIES | $10.5B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.0B |
| Retained Earnings | $7.3B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | -$193M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $77M |
| TOTAL EQUITY | $5.8B |
| TOTAL LIABILITIES & EQUITY | $16.3B |
| Total Debt | $6.7B |
| Net Debt | $6.5B |
