| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $457M | $460M | $1.0B | -0.7% | -55.3% |
| Op. Income | $56M | $45M | $117M | 23.1% | -52.6% |
| Gross Margin | 42.3% | 43.1% | 41.4% | -0.9pp | 0.9pp |
| Net Margin | 0.3% | 5.0% | 1.2% | -4.7pp | -0.8pp |
| EPS (Diluted) | $0.01 | $0.09 | $0.04 | -88.9% | -75.0% |
| Free Cash Flow | $13M | -$155M | $55M | 108.5% | -76.0% |
| Item | Amount |
|---|---|
| REVENUE | $457M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $193M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $126M |
| SG&A Expenses | $126M |
| Other Expenses | -$1M |
| Operating Expenses | $138M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | -$13M |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $39M |
| EBIT | $26M |
| EBITDA | $65M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $457M |
| Cost of Revenue | $264M |
| GROSS PROFIT | $193M |
| R&D Expenses | $11M |
| Selling & Marketing | $0 |
| General & Administrative | $126M |
| SG&A Expenses | $126M |
| Other Expenses | -$1M |
| Operating Expenses | $138M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $56M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$48M |
| INCOME BEFORE TAX | $8M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $15M |
| Net Income from Discontinued Ops | -$13M |
| Other Adjustments | $0 |
| NET INCOME | $2M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $2M |
| D&A | $39M |
| EBIT | $26M |
| EBITDA | $65M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $2M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$32M |
| OPERATING CASH FLOW | $18M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $90M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$600.0K |
| NET CASH FROM INVESTING | $84M |
| Net Debt Issuance | -$72M |
| Common Stock Repurchased | -$12M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $13M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $248M |
| Short-Term Investments | $0 |
| Net Receivables | $375M |
| Inventory | $202M |
| Other Current Assets | $79M |
| TOTAL CURRENT ASSETS | $926M |
| PP&E (Net) | $257M |
| Goodwill | $2.2B |
| Intangible Assets | $968M |
| Long-Term Investments | -$120M |
| Tax Assets | $120M |
| Other Non-Current Assets | $112M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $106M |
| Short-Term Debt | $58M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $159M |
| TOTAL CURRENT LIABILITIES | $338M |
| Long-Term Debt | $1.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $120M |
| Other Non-Current Liabilities | $186M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | -$1.6B |
| Treasury Stock | -$17M |
| Accum. Other Comp. Income | -$258M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.2B |
| Minority Interest | -$2M |
| TOTAL EQUITY | $2.2B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.6B |
| Net Debt | $1.4B |
