| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $5.0B | $4.4B | -0.5% | 14.1% |
| Op. Income | $305M | $344M | $166M | -11.2% | 83.8% |
| Gross Margin | 15.2% | 15.5% | 13.8% | -0.4pp | 1.4pp |
| Net Margin | 4.4% | 4.7% | 4.1% | -0.3pp | 0.3pp |
| EPS (Diluted) | $1.24 | $1.33 | $0.98 | -6.8% | 26.5% |
| Free Cash Flow | -$211M | $151M | -$186M | -239.9% | -13.6% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $759M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $454M |
| Other Expenses | $0 |
| Operating Expenses | $454M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $305M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $221M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $45M |
| EBIT | $307M |
| EBITDA | $352M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $759M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $454M |
| Other Expenses | $0 |
| Operating Expenses | $454M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $305M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $289M |
| Income Tax Expense | $69M |
| Net Income from Continuing Ops | $221M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $221M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $221M |
| D&A | $45M |
| EBIT | $307M |
| EBITDA | $352M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $221M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $58M |
| Change in Working Capital | -$468M |
| OPERATING CASH FLOW | -$120M |
| Capital Expenditure | -$91M |
| Acquisitions (Net) | $91M |
| Purchases of Investments | -$212.0K |
| Sales/Maturities of Investments | $827.0K |
| Other Investing Activities | -$91M |
| NET CASH FROM INVESTING | -$91M |
| Net Debt Issuance | $325M |
| Common Stock Repurchased | -$170M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $188M |
| FREE CASH FLOW | -$211M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $37M |
| Short-Term Investments | $0 |
| Net Receivables | $105M |
| Inventory | $2.4B |
| Other Current Assets | $523M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $2.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $56M |
| Other Non-Current Assets | $12.3B |
| TOTAL NON-CURRENT ASSETS | $15.2B |
| TOTAL ASSETS | $18.2B |
| Account Payables | $606M |
| Short-Term Debt | $412M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $55M |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $12.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $234M |
| TOTAL NON-CURRENT LIABILITIES | $13.4B |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $88M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $2.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $18.2B |
| Total Debt | $13.6B |
| Net Debt | $13.6B |
