| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $464M | $438M | $465M | 6.0% | -0.2% |
| Op. Income | $59M | $62M | $64M | -5.3% | -8.6% |
| Gross Margin | 24.1% | 25.1% | 24.9% | -0.9pp | -0.8pp |
| Net Margin | 5.7% | 8.9% | 9.5% | -3.2pp | -3.8pp |
| EPS (Diluted) | $0.75 | $1.11 | $1.25 | -32.4% | -40.0% |
| Free Cash Flow | $50M | $13M | $20M | 275.8% | 144.3% |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $352M |
| GROSS PROFIT | $112M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $405M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $28M |
| EBIT | $43M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $464M |
| Cost of Revenue | $352M |
| GROSS PROFIT | $112M |
| R&D Expenses | $5M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $48M |
| Other Expenses | $0 |
| Operating Expenses | $53M |
| Cost & Expenses | $405M |
| OPERATING INCOME | $59M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $28M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $27M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $27M |
| D&A | $28M |
| EBIT | $43M |
| EBITDA | $71M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $27M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $6M |
| OPERATING CASH FLOW | $68M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$800.0K |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$37M |
| FREE CASH FLOW | $50M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $215M |
| Short-Term Investments | $5M |
| Net Receivables | $412M |
| Inventory | $258M |
| Other Current Assets | $41M |
| TOTAL CURRENT ASSETS | $931M |
| PP&E (Net) | $1.1B |
| Goodwill | $808M |
| Intangible Assets | $208M |
| Long-Term Investments | $8M |
| Tax Assets | $25M |
| Other Non-Current Assets | $53M |
| TOTAL NON-CURRENT ASSETS | $2.2B |
| TOTAL ASSETS | $3.1B |
| Account Payables | $188M |
| Short-Term Debt | $118M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $406M |
| Long-Term Debt | $874M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $194M |
| Other Non-Current Liabilities | $208M |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $5M |
| Additional Paid-In Capital | $435M |
| Retained Earnings | $1.8B |
| Treasury Stock | -$629M |
| Accum. Other Comp. Income | -$263M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $31M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $3.1B |
| Total Debt | $1.0B |
| Net Debt | $824M |
