| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.6B | $4.8B | $5.3B | 15.4% | 6.0% |
| Op. Income | $225M | $86M | $76M | 161.2% | 195.8% |
| Gross Margin | 36.7% | 35.9% | 30.9% | 0.7pp | 5.7pp |
| Net Margin | -3.8% | -1.9% | -0.9% | -1.9pp | -2.8pp |
| EPS (Diluted) | $-0.06 | $-0.03 | $-0.02 | -126.9% | -321.4% |
| Free Cash Flow | $54M | $80M | -$105M | -32.5% | 151.2% |
| Item | Amount |
|---|---|
| REVENUE | $5.6B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $2.0B |
| R&D Expenses | $1.0B |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $781M |
| Other Expenses | $0 |
| Operating Expenses | $1.8B |
| Cost & Expenses | $5.3B |
| OPERATING INCOME | $225M |
| Interest Income | $0 |
| Interest Expense | $57M |
| Other Income/Expenses | -$297M |
| INCOME BEFORE TAX | -$72M |
| Income Tax Expense | $129M |
| Net Income from Continuing Ops | -$202M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$211M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$211M |
| D&A | $231M |
| EBIT | -$18M |
| EBITDA | $213M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$211M |
| Depreciation & Amortization | $231M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$46M |
| Change in Working Capital | $186M |
| OPERATING CASH FLOW | $160M |
| Capital Expenditure | -$106M |
| Acquisitions (Net) | -$42M |
| Purchases of Investments | $64M |
| Sales/Maturities of Investments | $361M |
| Other Investing Activities | -$47M |
| NET CASH FROM INVESTING | $193M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$380M |
| Other Financing Activities | -$44M |
| NET CASH FROM FINANCING | -$424M |
| FREE CASH FLOW | $54M |
| Net Change in Cash | -$233M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4.0B |
| Short-Term Investments | $901M |
| Net Receivables | $8.9B |
| Inventory | $3.3B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $17.1B |
| PP&E (Net) | $1.4B |
| Goodwill | $3.3B |
| Intangible Assets | $1.0B |
| Long-Term Investments | $3.5B |
| Tax Assets | $2.6B |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $11.7B |
| TOTAL ASSETS | $28.8B |
| Account Payables | $3.1B |
| Short-Term Debt | $287M |
| Deferred Revenue | $3.4B |
| Other Current Liabilities | $4.6B |
| TOTAL CURRENT LIABILITIES | $11.4B |
| Long-Term Debt | $3.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $145M |
| Other Non-Current Liabilities | $3.8B |
| TOTAL NON-CURRENT LIABILITIES | $7.3B |
| TOTAL LIABILITIES | $18.6B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $10.1B |
| TOTAL STOCKHOLDERS' EQUITY | $10.1B |
| Minority Interest | $95M |
| TOTAL EQUITY | $10.2B |
| TOTAL LIABILITIES & EQUITY | $28.8B |
| Total Debt | $3.7B |
| Net Debt | -$356M |
