| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $645M | $651M | $526M | -1.0% | 22.6% |
| Op. Income | $100M | $132M | $97M | -24.6% | 2.5% |
| Gross Margin | 32.1% | 34.0% | 35.6% | -1.8pp | -3.5pp |
| Net Margin | 10.8% | 13.9% | 12.6% | -3.1pp | -1.8pp |
| EPS (Diluted) | $0.16 | $0.20 | $0.15 | -20.0% | 6.7% |
| Free Cash Flow | $4M | $40M | $40M | -88.9% | -88.9% |
| Item | Amount |
|---|---|
| REVENUE | $645M |
| Cost of Revenue | $438M |
| GROSS PROFIT | $207M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $99M |
| Other Expenses | -$1M |
| Operating Expenses | $108M |
| Cost & Expenses | $545M |
| OPERATING INCOME | $100M |
| Interest Income | $800.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $31M |
| EBIT | $100M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $645M |
| Cost of Revenue | $438M |
| GROSS PROFIT | $207M |
| R&D Expenses | $10M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $99M |
| Other Expenses | -$1M |
| Operating Expenses | $108M |
| Cost & Expenses | $545M |
| OPERATING INCOME | $100M |
| Interest Income | $800.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$12M |
| INCOME BEFORE TAX | $87M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $70M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $70M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $70M |
| D&A | $31M |
| EBIT | $100M |
| EBITDA | $131M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $70M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$37M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$72M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$90M |
| NET CASH FROM INVESTING | -$156M |
| Net Debt Issuance | $120M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$129M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $4M |
| Net Change in Cash | -$93M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $109M |
| Short-Term Investments | $0 |
| Net Receivables | $237M |
| Inventory | $288M |
| Other Current Assets | $118M |
| TOTAL CURRENT ASSETS | $779M |
| PP&E (Net) | $1.3B |
| Goodwill | $207M |
| Intangible Assets | $183M |
| Long-Term Investments | $0 |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $77M |
| TOTAL NON-CURRENT ASSETS | $3.2B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $275M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $122M |
| TOTAL CURRENT LIABILITIES | $473M |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $83M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $2.6B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $230M |
| Additional Paid-In Capital | $192M |
| Retained Earnings | $553M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$25M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $949M |
| Minority Interest | $0 |
| TOTAL EQUITY | $949M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.4B |
| Net Debt | $1.3B |
