| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $742M | $693M | $683M | 7.1% | 8.6% |
| Op. Income | $46M | $67M | $52M | -32.1% | -12.7% |
| Gross Margin | 17.8% | 22.6% | 19.6% | -4.8pp | -1.9pp |
| Net Margin | 5.1% | 7.8% | 5.4% | -2.7pp | -0.3pp |
| EPS (Diluted) | $0.73 | $1.02 | $0.71 | -28.4% | 2.8% |
| Free Cash Flow | $107M | $52M | $44M | 105.6% | 140.3% |
| Item | Amount |
|---|---|
| REVENUE | $742M |
| Cost of Revenue | $610M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $43M |
| Operating Expenses | $86M |
| Cost & Expenses | $696M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $100.0K |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $54M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $742M |
| Cost of Revenue | $610M |
| GROSS PROFIT | $132M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $43M |
| SG&A Expenses | $43M |
| Other Expenses | $43M |
| Operating Expenses | $86M |
| Cost & Expenses | $696M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $46M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $38M |
| Net Income from Discontinued Ops | $100.0K |
| Other Adjustments | $0 |
| NET INCOME | $38M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $38M |
| D&A | $5M |
| EBIT | $54M |
| EBITDA | $58M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $38M |
| Depreciation & Amortization | $5M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$100.0K |
| Other Non-Cash Items | $100.0K |
| Change in Working Capital | $77M |
| OPERATING CASH FLOW | $117M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | -$236M |
| Sales/Maturities of Investments | $321M |
| Other Investing Activities | $700.0K |
| NET CASH FROM INVESTING | $70M |
| Net Debt Issuance | $359M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | $347M |
| FREE CASH FLOW | $107M |
| Net Change in Cash | $535M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $650M |
| Short-Term Investments | $5.4B |
| Net Receivables | $597M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $0 |
| Goodwill | $323M |
| Intangible Assets | $389M |
| Long-Term Investments | $6.2B |
| Tax Assets | $11M |
| Other Non-Current Assets | -$6.2B |
| TOTAL NON-CURRENT ASSETS | $334M |
| TOTAL ASSETS | $8.8B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$465M |
| TOTAL CURRENT LIABILITIES | $900.0K |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $6.8B |
| TOTAL LIABILITIES | $6.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $682M |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $8.8B |
| Total Debt | $952M |
| Net Debt | $302M |
