| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $379M | $391M | $383M | -3.1% | -1.1% |
| Op. Income | $55M | $47M | $75M | 15.6% | -26.7% |
| Gross Margin | 43.9% | 45.4% | 47.6% | -1.5pp | -3.7pp |
| Net Margin | 32.7% | 8.4% | 14.2% | 24.4pp | 18.5pp |
| EPS (Diluted) | $0.91 | $0.24 | $0.38 | 279.2% | 139.5% |
| Free Cash Flow | $205M | -$37M | $72M | 654.7% | 185.5% |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $166M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $17M |
| Operating Expenses | $111M |
| Cost & Expenses | $324M |
| OPERATING INCOME | $55M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | $112M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $35M |
| EBIT | $179M |
| EBITDA | $214M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $379M |
| Cost of Revenue | $213M |
| GROSS PROFIT | $166M |
| R&D Expenses | $31M |
| Selling & Marketing | $0 |
| General & Administrative | $64M |
| SG&A Expenses | $64M |
| Other Expenses | $17M |
| Operating Expenses | $111M |
| Cost & Expenses | $324M |
| OPERATING INCOME | $55M |
| Interest Income | $2M |
| Interest Expense | $11M |
| Other Income/Expenses | $112M |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $35M |
| EBIT | $179M |
| EBITDA | $214M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $66M |
| OPERATING CASH FLOW | $231M |
| Capital Expenditure | -$26M |
| Acquisitions (Net) | $522.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$1M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | -$821.0K |
| NET CASH FROM FINANCING | -$26M |
| FREE CASH FLOW | $205M |
| Net Change in Cash | $179M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $521M |
| Short-Term Investments | $0 |
| Net Receivables | $219M |
| Inventory | $262M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $489M |
| Goodwill | $583M |
| Intangible Assets | $266M |
| Long-Term Investments | $0 |
| Tax Assets | $23M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $57M |
| Short-Term Debt | $4M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $70M |
| TOTAL CURRENT LIABILITIES | $215M |
| Long-Term Debt | $934M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $90M |
| Other Non-Current Liabilities | $43M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $1M |
| Additional Paid-In Capital | $831M |
| Retained Earnings | $316M |
| Treasury Stock | -$7M |
| Accum. Other Comp. Income | -$38M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $978M |
| Net Debt | $457M |
