| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $622M | $614M | $687M | 1.4% | -9.4% |
| Op. Income | $119M | $152M | $109M | -22.1% | 8.8% |
| Gross Margin | 42.4% | 39.3% | 31.2% | 3.2pp | 11.2pp |
| Net Margin | 9.4% | 12.7% | 8.6% | -3.4pp | 0.8pp |
| EPS (Diluted) | $0.04 | $0.08 | $0.06 | -46.2% | -28.7% |
| Free Cash Flow | -$10M | $102M | -$19M | -110.0% | 47.2% |
| Item | Amount |
|---|---|
| REVENUE | $622M |
| Cost of Revenue | $358M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | -$2M |
| General & Administrative | $22M |
| SG&A Expenses | $20M |
| Other Expenses | $2M |
| Operating Expenses | $145M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $119M |
| Interest Income | $6M |
| Interest Expense | $47M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $116 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $65M |
| EBIT | $132M |
| EBITDA | $197M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $622M |
| Cost of Revenue | $358M |
| GROSS PROFIT | $264M |
| R&D Expenses | $0 |
| Selling & Marketing | -$2M |
| General & Administrative | $22M |
| SG&A Expenses | $20M |
| Other Expenses | $2M |
| Operating Expenses | $145M |
| Cost & Expenses | $503M |
| OPERATING INCOME | $119M |
| Interest Income | $6M |
| Interest Expense | $47M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $85M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $116 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $65M |
| EBIT | $132M |
| EBITDA | $197M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $36M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $160M |
| Capital Expenditure | -$170M |
| Acquisitions (Net) | -$1.8B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1.1B |
| NET CASH FROM INVESTING | -$917M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$81M |
| Common Dividends Paid | -$194M |
| Other Financing Activities | $604M |
| NET CASH FROM FINANCING | $409M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$967M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $7M |
| Net Receivables | $519M |
| Inventory | $76M |
| Other Current Assets | $19M |
| TOTAL CURRENT ASSETS | $808M |
| PP&E (Net) | $5.7B |
| Goodwill | $1.0B |
| Intangible Assets | $110M |
| Long-Term Investments | $178M |
| Tax Assets | $325M |
| Other Non-Current Assets | $15M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $489M |
| Short-Term Debt | $118M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $93M |
| TOTAL CURRENT LIABILITIES | $724M |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $544M |
| Other Non-Current Liabilities | $165M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $4.4B |
| Additional Paid-In Capital | -$508M |
| Retained Earnings | $2.0B |
| Treasury Stock | -$80M |
| Accum. Other Comp. Income | -$2.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $270M |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $2.9B |
| Net Debt | $2.7B |
