| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.9B | $2.9B | $3.0B | -0.6% | -5.5% |
| Op. Income | $149M | $106M | $264M | 40.9% | -43.7% |
| Gross Margin | 72.4% | 72.1% | 73.4% | 0.3pp | -0.9pp |
| Net Margin | 1.9% | 0.2% | 30.3% | 1.6pp | -28.4pp |
| EPS (Diluted) | $-0.50 | $-0.43 | $0.80 | -16.3% | -162.5% |
| Free Cash Flow | $1.4B | $434M | $1.7B | 220.4% | -17.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.9B |
| Cost of Revenue | $786M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $542M |
| Other Expenses | $1.4B |
| Operating Expenses | $1.9B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $149M |
| Interest Income | $0 |
| Interest Expense | $364M |
| Other Income/Expenses | -$462M |
| INCOME BEFORE TAX | -$313M |
| Income Tax Expense | $27M |
| Net Income from Continuing Ops | -$340M |
| Net Income from Discontinued Ops | $422M |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$369M |
| D&A | $922M |
| EBIT | $178M |
| EBITDA | $1.1B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $935M |
| Stock-Based Compensation | $87M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $86M |
| Change in Working Capital | $531M |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$302M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$115M |
| NET CASH FROM INVESTING | -$416M |
| Net Debt Issuance | -$570M |
| Common Stock Repurchased | -$295M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$83M |
| NET CASH FROM FINANCING | -$948M |
| FREE CASH FLOW | $1.4B |
| Net Change in Cash | $331M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $418M |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $839M |
| TOTAL CURRENT ASSETS | $4.1B |
| PP&E (Net) | $14.1B |
| Goodwill | $13.7B |
| Intangible Assets | $819M |
| Long-Term Investments | $5.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $15.3B |
| TOTAL NON-CURRENT ASSETS | $49.9B |
| TOTAL ASSETS | $54.0B |
| Account Payables | $772M |
| Short-Term Debt | $4.1B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $10.3B |
| Long-Term Debt | $27.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $12.0B |
| TOTAL NON-CURRENT LIABILITIES | $40.0B |
| TOTAL LIABILITIES | $50.3B |
| Common Stock | $7M |
| Additional Paid-In Capital | $8.7B |
| Retained Earnings | -$5.1B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $490M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | -$463M |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $54.0B |
| Total Debt | $32.3B |
| Net Debt | $31.0B |
