| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $628M | $559M | $571M | 12.5% | 10.0% |
| Op. Income | $54M | $42M | $85M | 30.1% | -36.0% |
| Gross Margin | 17.5% | 16.2% | 22.3% | 1.3pp | -4.8pp |
| Net Margin | 9.8% | 4.7% | 6.0% | 5.1pp | 3.8pp |
| EPS (Diluted) | $1.91 | $0.83 | $1.09 | 130.1% | 75.2% |
| Free Cash Flow | $8M | -$70M | $44M | 112.1% | -80.8% |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $6M |
| Operating Expenses | $56M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$179.0K |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $18M |
| EBIT | $63M |
| EBITDA | $81M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $518M |
| GROSS PROFIT | $110M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $50M |
| SG&A Expenses | $50M |
| Other Expenses | $6M |
| Operating Expenses | $56M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $54M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$179.0K |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | -$11M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $18M |
| EBIT | $63M |
| EBITDA | $81M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$29M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$23M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $30M |
| Purchases of Investments | -$18M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$10M |
| Net Debt Issuance | -$351.0K |
| Common Stock Repurchased | -$138.0K |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$15M |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $8M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $595M |
| Short-Term Investments | $0 |
| Net Receivables | $322M |
| Inventory | $408M |
| Other Current Assets | -$15M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $857M |
| Goodwill | $69M |
| Intangible Assets | $38M |
| Long-Term Investments | $98M |
| Tax Assets | $0 |
| Other Non-Current Assets | $45M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $215M |
| Short-Term Debt | $8M |
| Deferred Revenue | $86M |
| Other Current Liabilities | -$86M |
| TOTAL CURRENT LIABILITIES | $469M |
| Long-Term Debt | $560M |
| Deferred Revenue NC | $86M |
| Deferred Tax Liabilities | $41M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $687M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $316M |
| Retained Earnings | $783M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $181M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $568M |
| Net Debt | -$27M |
