| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $398M | $406M | $459M | -1.9% | -13.4% |
| Op. Income | $53M | $61M | $60M | -13.2% | -11.7% |
| Gross Margin | 35.6% | 38.3% | 36.8% | -2.6pp | -1.2pp |
| Net Margin | 11.0% | 9.1% | 9.2% | 1.9pp | 1.8pp |
| EPS (Diluted) | $1.75 | $1.48 | $1.67 | 18.2% | 4.8% |
| Free Cash Flow | $38M | $17M | $49M | 125.6% | -22.8% |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $142M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $10M |
| Operating Expenses | $89M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $933.0K |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $23M |
| EBIT | $59M |
| EBITDA | $82M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $142M |
| R&D Expenses | $21M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | $10M |
| Operating Expenses | $89M |
| Cost & Expenses | $345M |
| OPERATING INCOME | $53M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $933.0K |
| INCOME BEFORE TAX | $54M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $44M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $23M |
| EBIT | $59M |
| EBITDA | $82M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$560.0K |
| Other Non-Cash Items | -$4M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $6M |
| NET CASH FROM INVESTING | -$6M |
| Net Debt Issuance | -$3M |
| Common Stock Repurchased | -$32M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $38M |
| Net Change in Cash | -$2M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $475M |
| Short-Term Investments | $34.0K |
| Net Receivables | $247M |
| Inventory | $254M |
| Other Current Assets | $65M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $362M |
| Goodwill | $826M |
| Intangible Assets | $341M |
| Long-Term Investments | $25M |
| Tax Assets | $9M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $1.6B |
| TOTAL ASSETS | $2.6B |
| Account Payables | $123M |
| Short-Term Debt | $10M |
| Deferred Revenue | $52M |
| Other Current Liabilities | $68M |
| TOTAL CURRENT LIABILITIES | $266M |
| Long-Term Debt | $696M |
| Deferred Revenue NC | $31M |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $78M |
| TOTAL NON-CURRENT LIABILITIES | $845M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $255.0K |
| Additional Paid-In Capital | $855M |
| Retained Earnings | $916M |
| Treasury Stock | -$166M |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $131.0K |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $2.6B |
| Total Debt | $713M |
| Net Debt | $238M |
