| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $415M | $371M | $381M | 11.9% | 8.7% |
| Op. Income | $96M | $54M | $88M | 76.7% | 8.6% |
| Gross Margin | 25.2% | 20.3% | 25.7% | 4.9pp | -0.5pp |
| Net Margin | 17.3% | 11.1% | 19.0% | 6.2pp | -1.7pp |
| EPS (Diluted) | $1.72 | $0.94 | $1.53 | 83.0% | 12.4% |
| Free Cash Flow | $96M | $29M | $53M | 231.7% | 82.2% |
| Item | Amount |
|---|---|
| REVENUE | $415M |
| Cost of Revenue | $310M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $96M |
| Interest Income | $7.0K |
| Interest Expense | $10M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $28M |
| EBIT | $109M |
| EBITDA | $137M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $415M |
| Cost of Revenue | $310M |
| GROSS PROFIT | $105M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $13M |
| SG&A Expenses | $13M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $323M |
| OPERATING INCOME | $96M |
| Interest Income | $7.0K |
| Interest Expense | $10M |
| Other Income/Expenses | $3M |
| INCOME BEFORE TAX | $94M |
| Income Tax Expense | $22M |
| Net Income from Continuing Ops | $75M |
| Net Income from Discontinued Ops | -$3M |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $28M |
| EBIT | $109M |
| EBITDA | $137M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$357.0K |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $134M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$69M |
| Net Debt Issuance | $90M |
| Common Stock Repurchased | -$117M |
| Common Dividends Paid | -$4M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$30M |
| FREE CASH FLOW | $96M |
| Net Change in Cash | $35M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $183M |
| Inventory | $242M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $487M |
| PP&E (Net) | $1.5B |
| Goodwill | $200M |
| Intangible Assets | $31M |
| Long-Term Investments | $72M |
| Tax Assets | $0 |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.3B |
| Account Payables | $78M |
| Short-Term Debt | $37M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $195M |
| Long-Term Debt | $930M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $98M |
| Other Non-Current Liabilities | $35M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $416.0K |
| Additional Paid-In Capital | $3M |
| Retained Earnings | $1.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.0B |
| TOTAL LIABILITIES & EQUITY | $2.3B |
| Total Debt | $1.0B |
| Net Debt | $981M |
