| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $628M | $495M | $347M | 26.8% | 81.1% |
| Op. Income | $115M | $69M | $42M | 67.1% | 176.0% |
| Gross Margin | 22.6% | 18.2% | 17.8% | 4.4pp | 4.8pp |
| Net Margin | 7.9% | 4.8% | — | 3.1pp | — |
| EPS (Diluted) | $0.71 | $0.34 | $0.70 | 108.8% | 1.4% |
| Free Cash Flow | -$7M | -$24M | -$119M | 69.6% | 93.8% |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $486M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $513M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | -$34M |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $31M |
| EBIT | $114M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $628M |
| Cost of Revenue | $486M |
| GROSS PROFIT | $142M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $27M |
| Other Expenses | $0 |
| Operating Expenses | $27M |
| Cost & Expenses | $513M |
| OPERATING INCOME | $115M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $111M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | -$34M |
| BOTTOM LINE NET INCOME | $84M |
| D&A | $31M |
| EBIT | $114M |
| EBITDA | $145M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $8M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$61M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$86M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$83M |
| Net Debt Issuance | -$438.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$10M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $83M |
| Short-Term Investments | $0 |
| Net Receivables | $344M |
| Inventory | $62M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $519M |
| PP&E (Net) | $561M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $12M |
| TOTAL NON-CURRENT ASSETS | $573M |
| TOTAL ASSETS | $1.1B |
| Account Payables | $93M |
| Short-Term Debt | $375.0K |
| Deferred Revenue | $4M |
| Other Current Liabilities | $86M |
| TOTAL CURRENT LIABILITIES | $206M |
| Long-Term Debt | $107M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $37M |
| Other Non-Current Liabilities | $2M |
| TOTAL NON-CURRENT LIABILITIES | $146M |
| TOTAL LIABILITIES | $352M |
| Common Stock | $1M |
| Additional Paid-In Capital | $349M |
| Retained Earnings | $73M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $424M |
| Minority Interest | $316M |
| TOTAL EQUITY | $739M |
| TOTAL LIABILITIES & EQUITY | $1.1B |
| Total Debt | $107M |
| Net Debt | $24M |
