| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $719M | $738M | $628M | -2.5% | 14.5% |
| Op. Income | -$161M | $322M | $120M | -150.1% | -234.9% |
| Gross Margin | 41.4% | 44.3% | 42.4% | -2.9pp | -1.0pp |
| Net Margin | -19.6% | 26.6% | 9.4% | -46.3pp | -29.0pp |
| EPS (Diluted) | $-0.10 | $0.14 | $0.04 | -171.8% | -335.1% |
| Free Cash Flow | $88M | $75M | -$10M | 16.2% | 952.4% |
| Item | Amount |
|---|---|
| REVENUE | $719M |
| Cost of Revenue | $421M |
| GROSS PROFIT | $298M |
| R&D Expenses | $0 |
| Selling & Marketing | $1M |
| General & Administrative | $37M |
| SG&A Expenses | $38M |
| Other Expenses | -$2M |
| Operating Expenses | $143M |
| Cost & Expenses | $565M |
| OPERATING INCOME | -$161M |
| Interest Income | $4M |
| Interest Expense | $45M |
| Other Income/Expenses | -$362M |
| INCOME BEFORE TAX | -$211M |
| Income Tax Expense | -$60M |
| Net Income from Continuing Ops | -$151M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$141M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$141M |
| D&A | $65M |
| EBIT | -$166M |
| EBITDA | -$101M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$141M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $279M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $203M |
| Capital Expenditure | -$115M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$5M |
| NET CASH FROM INVESTING | -$121M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$228M |
| Other Financing Activities | $81M |
| NET CASH FROM FINANCING | -$146M |
| FREE CASH FLOW | $88M |
| Net Change in Cash | -$482M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $144M |
| Short-Term Investments | $47M |
| Net Receivables | $835M |
| Inventory | $81M |
| Other Current Assets | $5M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $5.7B |
| Goodwill | $1.0B |
| Intangible Assets | $128M |
| Long-Term Investments | $97M |
| Tax Assets | $297M |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $8.6B |
| Account Payables | $494M |
| Short-Term Debt | $199M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $212M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $500M |
| Other Non-Current Liabilities | $248M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $4.5B |
| Common Stock | $4.4B |
| Additional Paid-In Capital | -$515M |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.7B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $280M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $8.6B |
| Total Debt | $2.9B |
| Net Debt | $2.8B |
