| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $505M | $418M | $495M | 20.7% | 1.9% |
| Op. Income | $42M | $16M | $24M | 158.6% | 73.9% |
| Gross Margin | 18.9% | 19.2% | 18.3% | -0.3pp | 0.6pp |
| Net Margin | 9.1% | -6.4% | 2.0% | 15.5pp | 7.2pp |
| EPS (Diluted) | $1.29 | $-0.75 | $0.27 | 272.0% | 377.8% |
| Free Cash Flow | $27M | -$272M | -$117M | 109.8% | 122.8% |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $410M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $460M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $9M |
| EBIT | $57M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $505M |
| Cost of Revenue | $410M |
| GROSS PROFIT | $95M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $51M |
| SG&A Expenses | $51M |
| Other Expenses | $0 |
| Operating Expenses | $51M |
| Cost & Expenses | $460M |
| OPERATING INCOME | $42M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $50M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $9M |
| EBIT | $57M |
| EBITDA | $66M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $9M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$700.0K |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $32M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$5M |
| Net Debt Issuance | -$33M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$40M |
| FREE CASH FLOW | $27M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $35M |
| Short-Term Investments | $0 |
| Net Receivables | $283M |
| Inventory | $552M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $908M |
| PP&E (Net) | $331M |
| Goodwill | $233M |
| Intangible Assets | $118M |
| Long-Term Investments | -$5M |
| Tax Assets | $5M |
| Other Non-Current Assets | $64M |
| TOTAL NON-CURRENT ASSETS | $745M |
| TOTAL ASSETS | $1.7B |
| Account Payables | $265M |
| Short-Term Debt | $9M |
| Deferred Revenue | $11M |
| Other Current Liabilities | $143M |
| TOTAL CURRENT LIABILITIES | $509M |
| Long-Term Debt | $310M |
| Deferred Revenue NC | $29M |
| Deferred Tax Liabilities | $5M |
| Other Non-Current Liabilities | $144M |
| TOTAL NON-CURRENT LIABILITIES | $524M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $400.0K |
| Additional Paid-In Capital | $589M |
| Retained Earnings | $209M |
| Treasury Stock | -$62M |
| Accum. Other Comp. Income | -$116M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $620M |
| Minority Interest | $0 |
| TOTAL EQUITY | $620M |
| TOTAL LIABILITIES & EQUITY | $1.7B |
| Total Debt | $355M |
| Net Debt | $320M |
