| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $737M | $665M | — | 10.8% | — |
| Op. Income | $82M | $77M | — | 6.5% | — |
| Gross Margin | 21.7% | 23.1% | — | -1.4pp | — |
| Net Margin | 8.4% | 8.4% | — | -0.0pp | — |
| EPS (Diluted) | $0.96 | $0.86 | — | 11.6% | — |
| Free Cash Flow | $59M | $49M | — | 20.1% | — |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $577M |
| GROSS PROFIT | $160M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $655M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $21M |
| EBIT | $82M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $737M |
| Cost of Revenue | $577M |
| GROSS PROFIT | $160M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $78M |
| Other Expenses | $0 |
| Operating Expenses | $78M |
| Cost & Expenses | $655M |
| OPERATING INCOME | $82M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | -$1M |
| INCOME BEFORE TAX | $81M |
| Income Tax Expense | $19M |
| Net Income from Continuing Ops | $62M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $62M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $62M |
| D&A | $21M |
| EBIT | $82M |
| EBITDA | $103M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $62M |
| Depreciation & Amortization | $21M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | $9M |
| Change in Working Capital | -$21M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $237.0K |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | -$47M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$16M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$68M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $644M |
| Inventory | $0 |
| Other Current Assets | $42M |
| TOTAL CURRENT ASSETS | $740M |
| PP&E (Net) | $77M |
| Goodwill | $588M |
| Intangible Assets | $221M |
| Long-Term Investments | $0 |
| Tax Assets | $209.0K |
| Other Non-Current Assets | $62M |
| TOTAL NON-CURRENT ASSETS | $948M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $169M |
| Short-Term Debt | $4M |
| Deferred Revenue | $39M |
| Other Current Liabilities | $18M |
| TOTAL CURRENT LIABILITIES | $321M |
| Long-Term Debt | $75M |
| Deferred Revenue NC | $25M |
| Deferred Tax Liabilities | $51M |
| Other Non-Current Liabilities | $48M |
| TOTAL NON-CURRENT LIABILITIES | $199M |
| TOTAL LIABILITIES | $520M |
| Common Stock | $498M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $706M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $3M |
| TOTAL EQUITY | $1.2B |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $79M |
| Net Debt | $24M |
