| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $1.3B | 5.7% | 0.0% |
| Op. Income | $208M | $197M | $189M | 5.7% | 10.3% |
| Gross Margin | 39.1% | 37.9% | 38.8% | 1.1pp | 0.2pp |
| Net Margin | 11.5% | 12.0% | 9.5% | -0.5pp | 2.0pp |
| EPS (Diluted) | $0.56 | $0.56 | $0.47 | 0.0% | 19.1% |
| Free Cash Flow | $182M | $78M | $227M | 132.6% | -19.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $793M |
| GROSS PROFIT | $509M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $293M |
| Other Expenses | $7M |
| Operating Expenses | $300M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $39M |
| EBIT | $214M |
| EBITDA | $253M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $793M |
| GROSS PROFIT | $509M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $293M |
| Other Expenses | $7M |
| Operating Expenses | $300M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $208M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $182M |
| Income Tax Expense | $32M |
| Net Income from Continuing Ops | $149M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $39M |
| EBIT | $214M |
| EBITDA | $253M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $39M |
| Stock-Based Compensation | $16M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $211M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$71M |
| Common Stock Repurchased | -$29M |
| Common Dividends Paid | -$76M |
| Other Financing Activities | $34M |
| NET CASH FROM FINANCING | -$141M |
| FREE CASH FLOW | $182M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $139M |
| Short-Term Investments | $0 |
| Net Receivables | $429M |
| Inventory | $817M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $962M |
| Goodwill | $4.5B |
| Intangible Assets | $2.9B |
| Long-Term Investments | $430M |
| Tax Assets | $0 |
| Other Non-Current Assets | $0 |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $10.2B |
| Account Payables | $707M |
| Short-Term Debt | $693M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $706M |
| Other Non-Current Liabilities | $310M |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $6.9B |
| Common Stock | $1.8B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$383M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $12M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $10.2B |
| Total Debt | $4.7B |
| Net Debt | $4.5B |
