| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $547M | $457M | $608M | 19.6% | -10.1% |
| Op. Income | $91M | $42M | $106M | 116.4% | -14.0% |
| Gross Margin | 45.9% | 42.3% | 49.5% | 3.6pp | -3.6pp |
| Net Margin | 8.8% | -0.1% | 10.7% | 8.9pp | -1.9pp |
| EPS (Diluted) | $0.89 | $-0.01 | $1.20 | 12127.0% | -25.8% |
| Free Cash Flow | $1M | -$56M | $78M | 101.8% | -98.7% |
| Item | Amount |
|---|---|
| REVENUE | $547M |
| Cost of Revenue | $296M |
| GROSS PROFIT | $251M |
| R&D Expenses | $14M |
| Selling & Marketing | $48M |
| General & Administrative | $98M |
| SG&A Expenses | $146M |
| Other Expenses | $91M |
| Operating Expenses | $251M |
| Cost & Expenses | $547M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $24M |
| EBIT | $80M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $547M |
| Cost of Revenue | $296M |
| GROSS PROFIT | $251M |
| R&D Expenses | $14M |
| Selling & Marketing | $48M |
| General & Administrative | $98M |
| SG&A Expenses | $146M |
| Other Expenses | $91M |
| Operating Expenses | $251M |
| Cost & Expenses | $547M |
| OPERATING INCOME | $91M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $64M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $24M |
| EBIT | $80M |
| EBITDA | $104M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$200.0K |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $15M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $7M |
| NET CASH FROM FINANCING | $3M |
| FREE CASH FLOW | $1M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $245M |
| Short-Term Investments | $0 |
| Net Receivables | $310M |
| Inventory | $389M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $403M |
| Goodwill | $1.4B |
| Intangible Assets | $1.1B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $32M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $223M |
| Short-Term Debt | $14M |
| Deferred Revenue | $181M |
| Other Current Liabilities | $222M |
| TOTAL CURRENT LIABILITIES | $509M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $176M |
| Other Non-Current Liabilities | $210M |
| TOTAL NON-CURRENT LIABILITIES | $1.7B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $700.0K |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | $1.1B |
| Treasury Stock | -$812M |
| Accum. Other Comp. Income | -$171M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
