| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $904M | $716M | $973M | 26.3% | -7.0% |
| Op. Income | $88M | -$80M | $100M | 208.9% | -12.4% |
| Gross Margin | 55.3% | 54.7% | 54.0% | 0.6pp | 1.3pp |
| Net Margin | 6.7% | -15.7% | 7.0% | 22.4pp | -0.3pp |
| EPS (Diluted) | $0.48 | $-0.90 | $0.53 | 153.3% | -9.4% |
| Free Cash Flow | -$120M | $290M | -$82M | -141.6% | -47.1% |
| Item | Amount |
|---|---|
| REVENUE | $904M |
| Cost of Revenue | $404M |
| GROSS PROFIT | $500M |
| R&D Expenses | $60M |
| Selling & Marketing | $88M |
| General & Administrative | $253M |
| SG&A Expenses | $341M |
| Other Expenses | $12M |
| Operating Expenses | $413M |
| Cost & Expenses | $817M |
| OPERATING INCOME | $88M |
| Interest Income | $6M |
| Interest Expense | $23M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $48M |
| EBIT | $91M |
| EBITDA | $139M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $904M |
| Cost of Revenue | $404M |
| GROSS PROFIT | $500M |
| R&D Expenses | $60M |
| Selling & Marketing | $88M |
| General & Administrative | $253M |
| SG&A Expenses | $341M |
| Other Expenses | $12M |
| Operating Expenses | $413M |
| Cost & Expenses | $817M |
| OPERATING INCOME | $88M |
| Interest Income | $6M |
| Interest Expense | $23M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $68M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $48M |
| EBIT | $91M |
| EBITDA | $139M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | -$194M |
| OPERATING CASH FLOW | -$77M |
| Capital Expenditure | -$44M |
| Acquisitions (Net) | -$155M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$154M |
| NET CASH FROM INVESTING | -$198M |
| Net Debt Issuance | $116.0K |
| Common Stock Repurchased | -$65M |
| Common Dividends Paid | -$79M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$146M |
| FREE CASH FLOW | -$120M |
| Net Change in Cash | -$440M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $739M |
| Inventory | $610M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $266M |
| Goodwill | $572M |
| Intangible Assets | $741M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $707M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $5.1B |
| Account Payables | $340M |
| Short-Term Debt | $20M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $600M |
| TOTAL NON-CURRENT LIABILITIES | $2.3B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $105M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $4.1B |
| Treasury Stock | -$3.4B |
| Accum. Other Comp. Income | -$295M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $1.7B |
| Net Debt | $555M |
