| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $632M | $218M | $536M | 189.8% | 17.9% |
| Op. Income | $78M | -$51M | $73M | 254.1% | 6.6% |
| Gross Margin | 34.0% | 29.6% | 36.2% | 4.5pp | -2.2pp |
| Net Margin | 12.9% | -14.8% | 35.4% | 27.7pp | -22.4pp |
| EPS (Diluted) | $3.42 | $-1.36 | $7.96 | 351.5% | -57.0% |
| Free Cash Flow | $34M | -$87M | -$13M | 139.4% | 372.7% |
| Item | Amount |
|---|---|
| REVENUE | $632M |
| Cost of Revenue | $417M |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | $0 |
| Operating Expenses | $137M |
| Cost & Expenses | $554M |
| OPERATING INCOME | $78M |
| Interest Income | $7M |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $656.0K |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $30M |
| EBIT | $82M |
| EBITDA | $112M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $632M |
| Cost of Revenue | $417M |
| GROSS PROFIT | $215M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $137M |
| Other Expenses | $0 |
| Operating Expenses | $137M |
| Cost & Expenses | $554M |
| OPERATING INCOME | $78M |
| Interest Income | $7M |
| Interest Expense | $5M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $77M |
| Income Tax Expense | $656.0K |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $30M |
| EBIT | $82M |
| EBITDA | $112M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $82M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | $391.0K |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $73M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | $118M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $79M |
| Net Debt Issuance | -$687.0K |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$1M |
| FREE CASH FLOW | $34M |
| Net Change in Cash | $150M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $170M |
| Inventory | $0 |
| Other Current Assets | $39M |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $1.3B |
| Goodwill | $393M |
| Intangible Assets | $408M |
| Long-Term Investments | $94M |
| Tax Assets | $0 |
| Other Non-Current Assets | $101M |
| TOTAL NON-CURRENT ASSETS | $2.3B |
| TOTAL ASSETS | $3.8B |
| Account Payables | $56M |
| Short-Term Debt | $2M |
| Deferred Revenue | $300M |
| Other Current Liabilities | $255M |
| TOTAL CURRENT LIABILITIES | $728M |
| Long-Term Debt | $100M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $80M |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $350M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $249.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $67M |
| Treasury Stock | -$208M |
| Accum. Other Comp. Income | -$44M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.6B |
| Minority Interest | $92M |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $3.8B |
| Total Debt | $103M |
| Net Debt | -$1.1B |
