| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.1B | 7.3% | 19.1% |
| Op. Income | $189M | $181M | $133M | 4.1% | 42.2% |
| Gross Margin | 43.3% | 42.0% | 39.9% | 1.3pp | 3.4pp |
| Net Margin | 9.3% | 34.2% | 9.0% | -24.9pp | 0.3pp |
| EPS (Diluted) | $0.47 | $1.59 | $0.40 | -70.4% | 17.5% |
| Free Cash Flow | $227M | -$52M | $96M | 537.8% | 135.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $752M |
| GROSS PROFIT | $575M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $301M |
| Other Expenses | $16M |
| Operating Expenses | $317M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $189M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $38M |
| EBIT | $193M |
| EBITDA | $231M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $752M |
| GROSS PROFIT | $575M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $301M |
| Other Expenses | $16M |
| Operating Expenses | $317M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $189M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $123M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $123M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $123M |
| D&A | $38M |
| EBIT | $193M |
| EBITDA | $231M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $123M |
| Depreciation & Amortization | $38M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1M |
| Change in Working Capital | $82M |
| OPERATING CASH FLOW | $255M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $600.0K |
| NET CASH FROM INVESTING | -$28M |
| Net Debt Issuance | -$118M |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$68M |
| Other Financing Activities | $900.0K |
| NET CASH FROM FINANCING | -$201M |
| FREE CASH FLOW | $227M |
| Net Change in Cash | $23M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $0 |
| Net Receivables | $474M |
| Inventory | $798M |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $948M |
| Goodwill | $4.6B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $402M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $624M |
| Short-Term Debt | $699M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $660M |
| Other Non-Current Liabilities | $381M |
| TOTAL NON-CURRENT LIABILITIES | $5.5B |
| TOTAL LIABILITIES | $7.3B |
| Common Stock | $1.7B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$308M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.0B |
| Minority Interest | $12M |
| TOTAL EQUITY | $3.0B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $5.2B |
| Net Debt | $5.0B |
