| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.4B | $4.5B | $4.0B | -3.4% | 9.7% |
| Op. Income | $166M | $217M | $143M | -23.4% | 15.7% |
| Gross Margin | 13.8% | 14.3% | 13.6% | -0.5pp | 0.1pp |
| Net Margin | 4.1% | 4.7% | 4.1% | -0.5pp | 0.1pp |
| EPS (Diluted) | $0.98 | $1.13 | $0.84 | -13.3% | 16.7% |
| Free Cash Flow | -$186M | $112M | -$242M | -266.0% | 23.2% |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $604M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $405M |
| Other Expenses | -$33M |
| Operating Expenses | $438M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $124M |
| INCOME BEFORE TAX | $290M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $44M |
| EBIT | $307M |
| EBITDA | $351M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.4B |
| Cost of Revenue | $3.8B |
| GROSS PROFIT | $604M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $405M |
| Other Expenses | -$33M |
| Operating Expenses | $438M |
| Cost & Expenses | $4.2B |
| OPERATING INCOME | $166M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $124M |
| INCOME BEFORE TAX | $290M |
| Income Tax Expense | $109M |
| Net Income from Continuing Ops | $181M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $181M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $181M |
| D&A | $44M |
| EBIT | $307M |
| EBITDA | $351M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $181M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$400M |
| OPERATING CASH FLOW | -$110M |
| Capital Expenditure | -$76M |
| Acquisitions (Net) | $76M |
| Purchases of Investments | -$597.0K |
| Sales/Maturities of Investments | $132.0K |
| Other Investing Activities | -$94M |
| NET CASH FROM INVESTING | -$95M |
| Net Debt Issuance | $316M |
| Common Stock Repurchased | -$157M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $171M |
| FREE CASH FLOW | -$186M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $0 |
| Net Receivables | $100M |
| Inventory | $2.2B |
| Other Current Assets | $446M |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $2.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $151M |
| Other Non-Current Assets | $11.3B |
| TOTAL NON-CURRENT ASSETS | $14.1B |
| TOTAL ASSETS | $16.9B |
| Account Payables | $568M |
| Short-Term Debt | $367M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $11.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $239M |
| TOTAL NON-CURRENT LIABILITIES | $12.5B |
| TOTAL LIABILITIES | $13.7B |
| Common Stock | $91M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$60M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $16.9B |
| Total Debt | $12.6B |
| Net Debt | $12.6B |
