| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $526M | $508M | $496M | 3.6% | 6.1% |
| Op. Income | $97M | $84M | $89M | 15.6% | 9.7% |
| Gross Margin | 35.6% | 33.3% | 36.7% | 2.3pp | -1.1pp |
| Net Margin | 12.6% | 11.3% | 11.5% | 1.3pp | 1.1pp |
| EPS (Diluted) | $0.15 | $0.13 | $0.13 | 15.4% | 15.4% |
| Free Cash Flow | $40M | $35M | -$2M | 12.8% | 2080.0% |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $187M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $7M |
| Operating Expenses | $90M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $97M |
| Interest Income | $900.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $23M |
| EBIT | $98M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $526M |
| Cost of Revenue | $339M |
| GROSS PROFIT | $187M |
| R&D Expenses | $9M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $75M |
| Other Expenses | $7M |
| Operating Expenses | $90M |
| Cost & Expenses | $429M |
| OPERATING INCOME | $97M |
| Interest Income | $900.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$7M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $23M |
| EBIT | $98M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$36M |
| Net Debt Issuance | $140M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$131M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $40M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $79M |
| Short-Term Investments | $0 |
| Net Receivables | $192M |
| Inventory | $231M |
| Other Current Assets | $136M |
| TOTAL CURRENT ASSETS | $659M |
| PP&E (Net) | $922M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $382M |
| Other Non-Current Assets | $118M |
| TOTAL NON-CURRENT ASSETS | $1.4B |
| TOTAL ASSETS | $2.1B |
| Account Payables | $183M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $132M |
| TOTAL CURRENT LIABILITIES | $379M |
| Long-Term Debt | $681M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $100M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $229M |
| Additional Paid-In Capital | $179M |
| Retained Earnings | -$613M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$201M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$201M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $681M |
| Net Debt | $602M |
