| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $647M | $658M | $769M | -1.7% | -15.9% |
| Op. Income | $102M | $120M | $200M | -15.0% | -49.1% |
| Gross Margin | 42.4% | 43.4% | 45.9% | -1.0pp | -3.5pp |
| Net Margin | 10.2% | 14.8% | 19.1% | -4.6pp | -8.9pp |
| EPS (Diluted) | $0.55 | $0.80 | $1.13 | -31.3% | -51.3% |
| Free Cash Flow | $232M | -$167M | $88M | 238.6% | 164.4% |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $29M |
| General & Administrative | $79M |
| SG&A Expenses | $107M |
| Other Expenses | $65M |
| Operating Expenses | $173M |
| Cost & Expenses | $545M |
| OPERATING INCOME | $102M |
| Interest Income | $4M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $13M |
| EBIT | $122M |
| EBITDA | $135M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $647M |
| Cost of Revenue | $372M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $29M |
| General & Administrative | $79M |
| SG&A Expenses | $107M |
| Other Expenses | $65M |
| Operating Expenses | $173M |
| Cost & Expenses | $545M |
| OPERATING INCOME | $102M |
| Interest Income | $4M |
| Interest Expense | $20M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $13M |
| EBIT | $122M |
| EBITDA | $135M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $130M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $3M |
| Other Non-Cash Items | $30M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $244M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $15.0K |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$84M |
| Common Stock Repurchased | -$160M |
| Common Dividends Paid | -$52M |
| Other Financing Activities | $115M |
| NET CASH FROM FINANCING | -$181M |
| FREE CASH FLOW | $232M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $919M |
| Short-Term Investments | $1.3B |
| Net Receivables | $705M |
| Inventory | $0 |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $477M |
| Goodwill | $372M |
| Intangible Assets | $3M |
| Long-Term Investments | $575M |
| Tax Assets | $589M |
| Other Non-Current Assets | $525M |
| TOTAL NON-CURRENT ASSETS | $2.5B |
| TOTAL ASSETS | $5.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | -$1.5B |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $3M |
| Other Non-Current Liabilities | -$655M |
| TOTAL NON-CURRENT LIABILITIES | $3.1B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $1M |
| Additional Paid-In Capital | $582M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$873M |
| Accum. Other Comp. Income | -$272M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $619M |
| Minority Interest | $99M |
| TOTAL EQUITY | $718M |
| TOTAL LIABILITIES & EQUITY | $5.5B |
| Total Debt | $2.2B |
| Net Debt | $1.3B |
