| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.3B | 5.8% | -3.5% |
| Op. Income | $153M | $163M | $192M | -6.1% | -20.2% |
| Gross Margin | 80.4% | 79.4% | 81.7% | 1.0pp | -1.3pp |
| Net Margin | 6.2% | 8.2% | 7.3% | -2.0pp | -1.2pp |
| EPS (Diluted) | $0.54 | $0.66 | $0.62 | -18.2% | -12.9% |
| Free Cash Flow | $52M | $12M | $171M | 348.7% | -69.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $997M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $477M |
| Other Expenses | $6M |
| Operating Expenses | $844M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $153M |
| Interest Income | $6M |
| Interest Expense | $42M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $25M |
| EBIT | $153M |
| EBITDA | $178M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $243M |
| GROSS PROFIT | $997M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $477M |
| Other Expenses | $6M |
| Operating Expenses | $844M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $153M |
| Interest Income | $6M |
| Interest Expense | $42M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $123M |
| Income Tax Expense | $46M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $25M |
| EBIT | $153M |
| EBITDA | $178M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$54M |
| OPERATING CASH FLOW | $76M |
| Capital Expenditure | -$25M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$25M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $700.0K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $52M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $98M |
| Inventory | $427M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $539M |
| Goodwill | $92M |
| Intangible Assets | $310M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $217M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $80M |
| Short-Term Debt | $693M |
| Deferred Revenue | $60M |
| Other Current Liabilities | $635M |
| TOTAL CURRENT LIABILITIES | $1.5B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $149M |
| TOTAL NON-CURRENT LIABILITIES | $2.1B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $100.0K |
| Additional Paid-In Capital | $355M |
| Retained Earnings | -$354M |
| Treasury Stock | -$329M |
| Accum. Other Comp. Income | -$206M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$534M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$534M |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $2.7B |
| Net Debt | $1.4B |
