| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $465M | $431M | $414M | 7.7% | 12.2% |
| Op. Income | $64M | $63M | $70M | 1.9% | -8.3% |
| Gross Margin | 24.9% | 26.3% | 28.9% | -1.4pp | -4.0pp |
| Net Margin | 9.5% | 9.3% | 10.4% | 0.2pp | -0.9pp |
| EPS (Diluted) | $1.25 | $1.12 | $1.21 | 11.6% | 3.3% |
| Free Cash Flow | $20M | $18M | $42M | 14.0% | -51.3% |
| Item | Amount |
|---|---|
| REVENUE | $465M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $116M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $64M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $23M |
| EBIT | $66M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $465M |
| Cost of Revenue | $349M |
| GROSS PROFIT | $116M |
| R&D Expenses | $6M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | $0 |
| Operating Expenses | $52M |
| Cost & Expenses | $401M |
| OPERATING INCOME | $64M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $56M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $45M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $44M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $44M |
| D&A | $23M |
| EBIT | $66M |
| EBITDA | $89M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $44M |
| Depreciation & Amortization | $23M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$12M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $45M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | -$124M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $2M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$148M |
| Net Debt Issuance | $106M |
| Common Stock Repurchased | -$8M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $96M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $203M |
| Short-Term Investments | $3M |
| Net Receivables | $420M |
| Inventory | $236M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $899M |
| PP&E (Net) | $1.1B |
| Goodwill | $811M |
| Intangible Assets | $212M |
| Long-Term Investments | $0 |
| Tax Assets | $26M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $196M |
| Short-Term Debt | $121M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $116M |
| TOTAL CURRENT LIABILITIES | $432M |
| Long-Term Debt | $966M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $164M |
| Other Non-Current Liabilities | $249M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.8B |
| Common Stock | $5M |
| Additional Paid-In Capital | $427M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$610M |
| Accum. Other Comp. Income | -$220M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $29M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.1B |
| Net Debt | $884M |
