| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $970M | $1.0B | 10.3% | 6.9% |
| Op. Income | $116M | $49M | $86M | 137.7% | 34.7% |
| Gross Margin | 63.8% | 64.3% | 63.3% | -0.5pp | 0.5pp |
| Net Margin | 9.7% | 2.1% | 4.6% | 7.5pp | 5.0pp |
| EPS (Diluted) | $1.13 | $0.23 | $0.50 | 391.3% | 126.0% |
| Free Cash Flow | $188M | $16M | $152M | 1110.5% | 24.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $388M |
| GROSS PROFIT | $683M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $515M |
| SG&A Expenses | $515M |
| Other Expenses | $52M |
| Operating Expenses | $567M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $116M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $52M |
| EBIT | $116M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $388M |
| GROSS PROFIT | $683M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $515M |
| SG&A Expenses | $515M |
| Other Expenses | $52M |
| Operating Expenses | $567M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $116M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | -$12M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $52M |
| EBIT | $116M |
| EBITDA | $168M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $103M |
| Depreciation & Amortization | $74M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | $59M |
| OPERATING CASH FLOW | $227M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$39M |
| Net Debt Issuance | -$121M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $4M |
| NET CASH FROM FINANCING | -$119M |
| FREE CASH FLOW | $188M |
| Net Change in Cash | $69M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $0 |
| Other Current Assets | $212M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $929M |
| Goodwill | $2.9B |
| Intangible Assets | $973M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $206M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $6.7B |
| Account Payables | $491M |
| Short-Term Debt | $194M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $16M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $440M |
| TOTAL NON-CURRENT LIABILITIES | $3.3B |
| TOTAL LIABILITIES | $5.8B |
| Common Stock | $82.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$2.7B |
| Accum. Other Comp. Income | -$73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $964M |
| Minority Interest | $0 |
| TOTAL EQUITY | $964M |
| TOTAL LIABILITIES & EQUITY | $6.7B |
| Total Debt | $3.0B |
| Net Debt | $2.8B |
