| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $885M | $783M | $853M | 13.1% | 3.8% |
| Op. Income | $73M | -$60M | $69M | 222.7% | 6.5% |
| Gross Margin | 15.6% | 1.3% | 14.8% | 14.4pp | 0.8pp |
| Net Margin | 6.8% | -5.4% | 6.1% | 12.2pp | 0.7pp |
| EPS (Diluted) | $1.09 | $-0.77 | $0.93 | 241.6% | 17.2% |
| Free Cash Flow | $99M | $72M | $93M | 36.9% | 5.8% |
| Item | Amount |
|---|---|
| REVENUE | $885M |
| Cost of Revenue | $747M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $65M |
| Operating Expenses | $65M |
| Cost & Expenses | $812M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $14M |
| EBIT | $78M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $885M |
| Cost of Revenue | $747M |
| GROSS PROFIT | $138M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $65M |
| Operating Expenses | $65M |
| Cost & Expenses | $812M |
| OPERATING INCOME | $73M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $73M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $60M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $60M |
| D&A | $14M |
| EBIT | $78M |
| EBITDA | $92M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $60M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $41.0K |
| Deferred Income Tax | -$14M |
| Other Non-Cash Items | -$7M |
| Change in Working Capital | $52M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$428M |
| Sales/Maturities of Investments | $315M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$117M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $99M |
| Net Change in Cash | -$46M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $244M |
| Short-Term Investments | $271M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $514M |
| PP&E (Net) | $148M |
| Goodwill | $43M |
| Intangible Assets | $18M |
| Long-Term Investments | $3.8B |
| Tax Assets | $9M |
| Other Non-Current Assets | -$3.8B |
| TOTAL NON-CURRENT ASSETS | $218M |
| TOTAL ASSETS | $5.2B |
| Account Payables | $133M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$133M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $372M |
| Deferred Revenue NC | -$9M |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $3.1B |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $98M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $5.2B |
| Total Debt | $372M |
| Net Debt | $128M |
