| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $609M | $610M | $548M | -0.1% | 11.2% |
| Op. Income | $115M | $103M | $97M | 12.0% | 19.3% |
| Gross Margin | 27.7% | 27.4% | 26.4% | 0.3pp | 1.3pp |
| Net Margin | 13.3% | 11.8% | 12.6% | 1.4pp | 0.7pp |
| EPS (Diluted) | $0.94 | $0.84 | $0.76 | 11.9% | 23.7% |
| Free Cash Flow | $73M | -$15M | $52M | 580.9% | 40.0% |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $440M |
| GROSS PROFIT | $169M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $494M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $34M |
| EBIT | $115M |
| EBITDA | $149M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $609M |
| Cost of Revenue | $440M |
| GROSS PROFIT | $169M |
| R&D Expenses | $14M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | $0 |
| Operating Expenses | $54M |
| Cost & Expenses | $494M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $103M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $34M |
| EBIT | $115M |
| EBITDA | $149M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | -$700.0K |
| Change in Working Capital | -$8M |
| OPERATING CASH FLOW | $111M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$43M |
| Net Debt Issuance | -$45M |
| Common Stock Repurchased | $3M |
| Common Dividends Paid | -$13M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$57M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $55M |
| Short-Term Investments | $0 |
| Net Receivables | $373M |
| Inventory | $339M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $798M |
| PP&E (Net) | $1.9B |
| Goodwill | $190M |
| Intangible Assets | $94M |
| Long-Term Investments | $52M |
| Tax Assets | $0 |
| Other Non-Current Assets | $140M |
| TOTAL NON-CURRENT ASSETS | $2.4B |
| TOTAL ASSETS | $3.2B |
| Account Payables | $178M |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $360M |
| Long-Term Debt | $1.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $275M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $818M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | -$118M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.2B |
| Total Debt | $1.1B |
| Net Debt | $1.1B |
