| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $608M | $468M | $611M | 29.9% | -0.5% |
| Op. Income | $106M | $36M | $106M | 191.2% | 0.0% |
| Gross Margin | 49.5% | 42.6% | 50.7% | 7.0pp | -1.2pp |
| Net Margin | 10.7% | 1.4% | 10.8% | 9.3pp | -0.0pp |
| EPS (Diluted) | $1.20 | $0.12 | $1.14 | 900.0% | 5.3% |
| Free Cash Flow | $78M | -$33M | $42M | 340.5% | 87.1% |
| Item | Amount |
|---|---|
| REVENUE | $608M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $301M |
| R&D Expenses | $16M |
| Selling & Marketing | $76M |
| General & Administrative | $104M |
| SG&A Expenses | $180M |
| Other Expenses | $106M |
| Operating Expenses | $301M |
| Cost & Expenses | $608M |
| OPERATING INCOME | $106M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $24M |
| EBIT | $104M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $608M |
| Cost of Revenue | $307M |
| GROSS PROFIT | $301M |
| R&D Expenses | $16M |
| Selling & Marketing | $76M |
| General & Administrative | $104M |
| SG&A Expenses | $180M |
| Other Expenses | $106M |
| Operating Expenses | $301M |
| Cost & Expenses | $608M |
| OPERATING INCOME | $106M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$20M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $65M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $24M |
| EBIT | $104M |
| EBITDA | $128M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | -$90M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$104M |
| Net Debt Issuance | -$275M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$284M |
| FREE CASH FLOW | $78M |
| Net Change in Cash | -$286M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $0 |
| Net Receivables | $313M |
| Inventory | $370M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $437M |
| Goodwill | $1.5B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $36M |
| TOTAL NON-CURRENT ASSETS | $3.1B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $247M |
| Short-Term Debt | $22M |
| Deferred Revenue | $180M |
| Other Current Liabilities | $217M |
| TOTAL CURRENT LIABILITIES | $552M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $182M |
| Deferred Tax Liabilities | $151M |
| Other Non-Current Liabilities | $241M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.0B |
| Treasury Stock | -$823M |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.4B |
| Net Debt | $1.2B |
