| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $920M | $931M | $843M | -1.2% | 9.2% |
| Op. Income | $155M | $175M | $152M | -11.6% | 1.9% |
| Gross Margin | 43.3% | 43.6% | 44.3% | -0.3pp | -0.9pp |
| Net Margin | 10.8% | 13.9% | 13.0% | -3.1pp | -2.2pp |
| EPS (Diluted) | $1.25 | $1.63 | $1.38 | -23.3% | -9.4% |
| Free Cash Flow | $32M | -$45M | $20M | 172.5% | 61.8% |
| Item | Amount |
|---|---|
| REVENUE | $920M |
| Cost of Revenue | $521M |
| GROSS PROFIT | $399M |
| R&D Expenses | $75M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $12M |
| Operating Expenses | $244M |
| Cost & Expenses | $766M |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $32M |
| EBIT | $175M |
| EBITDA | $207M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $920M |
| Cost of Revenue | $521M |
| GROSS PROFIT | $399M |
| R&D Expenses | $75M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $157M |
| Other Expenses | $12M |
| Operating Expenses | $244M |
| Cost & Expenses | $766M |
| OPERATING INCOME | $155M |
| Interest Income | $0 |
| Interest Expense | $53M |
| Other Income/Expenses | -$33M |
| INCOME BEFORE TAX | $122M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $32M |
| EBIT | $175M |
| EBITDA | $207M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $99M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$63M |
| OPERATING CASH FLOW | $67M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $88.0K |
| NET CASH FROM INVESTING | -$34M |
| Net Debt Issuance | $55M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$54M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | $32M |
| Net Change in Cash | $17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $695M |
| Other Current Assets | -$285M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $868M |
| Goodwill | $1.1B |
| Intangible Assets | $391M |
| Long-Term Investments | $0 |
| Tax Assets | $82M |
| Other Non-Current Assets | $157M |
| TOTAL NON-CURRENT ASSETS | $2.6B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $316M |
| Short-Term Debt | $7M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $263M |
| TOTAL CURRENT LIABILITIES | $699M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $36M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $465M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $2.9B |
| Common Stock | $14M |
| Additional Paid-In Capital | $167M |
| Retained Earnings | $4.0B |
| Treasury Stock | -$1.7B |
| Accum. Other Comp. Income | -$692M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $6M |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.7B |
| Net Debt | $1.4B |
