| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $364M | $340M | $403M | 6.8% | -9.9% |
| Op. Income | $36M | $17M | $59M | 115.2% | -38.6% |
| Gross Margin | 31.4% | 27.0% | 33.7% | 4.4pp | -2.3pp |
| Net Margin | 10.7% | 6.3% | 7.6% | 4.4pp | 3.1pp |
| EPS (Diluted) | $1.22 | $1.32 | $1.34 | -7.6% | -9.0% |
| Free Cash Flow | -$184M | -$134M | $14M | -37.7% | -1441.9% |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1M |
| Operating Expenses | $78M |
| Cost & Expenses | $328M |
| OPERATING INCOME | $36M |
| Interest Income | $374.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $37M |
| EBIT | $44M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $364M |
| Cost of Revenue | $250M |
| GROSS PROFIT | $114M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1M |
| Operating Expenses | $78M |
| Cost & Expenses | $328M |
| OPERATING INCOME | $36M |
| Interest Income | $374.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $27M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $39M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $39M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $39M |
| D&A | $37M |
| EBIT | $44M |
| EBITDA | $81M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $39M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $19M |
| Other Non-Cash Items | $0 |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $64M |
| Capital Expenditure | -$248M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $9M |
| NET CASH FROM INVESTING | -$239M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $171M |
| NET CASH FROM FINANCING | $154M |
| FREE CASH FLOW | -$184M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $172M |
| Inventory | $87M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $298M |
| PP&E (Net) | $3.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $20M |
| Tax Assets | $23.2B |
| Other Non-Current Assets | $31M |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $41M |
| Other Current Liabilities | $71M |
| TOTAL CURRENT LIABILITIES | $570M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $313M |
| Deferred Tax Liabilities | $575M |
| Other Non-Current Liabilities | $382M |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $49M |
| Additional Paid-In Capital | $597M |
| Retained Earnings | $836M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.7B |
| Net Debt | $1.7B |
