| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $985M | $733M | $904M | 34.4% | 8.9% |
| Op. Income | $128M | $36M | $88M | 255.2% | 46.5% |
| Gross Margin | 57.9% | 56.3% | 55.3% | 1.5pp | 2.6pp |
| Net Margin | 1.4% | 3.6% | 6.7% | -2.3pp | -5.3pp |
| EPS (Diluted) | $0.11 | $0.21 | $0.48 | -47.6% | -77.1% |
| Free Cash Flow | $39M | $239M | -$120M | -83.8% | 132.2% |
| Item | Amount |
|---|---|
| REVENUE | $985M |
| Cost of Revenue | $415M |
| GROSS PROFIT | $570M |
| R&D Expenses | $66M |
| Selling & Marketing | $93M |
| General & Administrative | $248M |
| SG&A Expenses | $341M |
| Other Expenses | $35M |
| Operating Expenses | $441M |
| Cost & Expenses | $856M |
| OPERATING INCOME | $128M |
| Interest Income | $6M |
| Interest Expense | $22M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $71M |
| EBIT | $28M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $985M |
| Cost of Revenue | $415M |
| GROSS PROFIT | $570M |
| R&D Expenses | $66M |
| Selling & Marketing | $93M |
| General & Administrative | $248M |
| SG&A Expenses | $341M |
| Other Expenses | $35M |
| Operating Expenses | $441M |
| Cost & Expenses | $856M |
| OPERATING INCOME | $128M |
| Interest Income | $6M |
| Interest Expense | $22M |
| Other Income/Expenses | -$122M |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | -$7M |
| Net Income from Continuing Ops | $13M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $13M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $13M |
| D&A | $71M |
| EBIT | $28M |
| EBITDA | $99M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $13M |
| Depreciation & Amortization | $71M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$27M |
| Other Non-Cash Items | $117M |
| Change in Working Capital | -$102M |
| OPERATING CASH FLOW | $72M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$481.0K |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$324.0K |
| Common Stock Repurchased | -$11M |
| Common Dividends Paid | -$86M |
| Other Financing Activities | -$13M |
| NET CASH FROM FINANCING | -$86M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $0 |
| Net Receivables | $805M |
| Inventory | $565M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $387M |
| Goodwill | $486M |
| Intangible Assets | $670M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $665M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $330M |
| Short-Term Debt | $13M |
| 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 | $554M |
| 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 | -$3.6B |
| Accum. Other Comp. Income | -$173M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.7B |
| Net Debt | $558M |
