| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $420M | $450M | $417M | -6.6% | 0.8% |
| Op. Income | $50M | $61M | $42M | -19.1% | 17.4% |
| Gross Margin | 54.4% | 53.2% | 53.9% | 1.2pp | 0.5pp |
| Net Margin | 7.2% | 9.3% | 3.7% | -2.1pp | 3.5pp |
| EPS (Diluted) | $0.67 | $0.90 | $0.32 | -25.6% | 109.4% |
| Free Cash Flow | $20M | $82M | $30M | -76.3% | -33.9% |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $149M |
| Operating Expenses | $179M |
| Cost & Expenses | $370M |
| OPERATING INCOME | $50M |
| Interest Income | $740.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $11M |
| EBIT | $49M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $420M |
| Cost of Revenue | $192M |
| GROSS PROFIT | $228M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $30M |
| SG&A Expenses | $30M |
| Other Expenses | $149M |
| Operating Expenses | $179M |
| Cost & Expenses | $370M |
| OPERATING INCOME | $50M |
| Interest Income | $740.0K |
| Interest Expense | $7M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $42M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $11M |
| EBIT | $49M |
| EBITDA | $60M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $29M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$62M |
| Net Debt Issuance | $139M |
| Common Stock Repurchased | -$117M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $400.0K |
| NET CASH FROM FINANCING | $12M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $409M |
| Inventory | $250M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $762M |
| PP&E (Net) | $236M |
| Goodwill | $857M |
| Intangible Assets | $90M |
| Long-Term Investments | $0 |
| Tax Assets | $12M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $80M |
| Short-Term Debt | $0 |
| Deferred Revenue | $34M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $117M |
| Long-Term Debt | $517M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $14M |
| TOTAL NON-CURRENT LIABILITIES | $582M |
| TOTAL LIABILITIES | $700M |
| Common Stock | $493.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $546M |
| Treasury Stock | -$343M |
| Accum. Other Comp. Income | -$115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $517M |
| Net Debt | $434M |
