| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $646M | $591M | $655M | 9.4% | -1.4% |
| Op. Income | $171M | $85M | $142M | 102.2% | 20.3% |
| Gross Margin | 37.9% | 38.9% | 42.8% | -1.0pp | -5.0pp |
| Net Margin | 14.3% | 6.8% | 6.9% | 7.5pp | 7.3pp |
| EPS (Diluted) | $0.54 | $0.23 | $0.25 | 134.8% | 116.0% |
| Free Cash Flow | -$1.2B | -$53M | -$97M | -2088.3% | -1094.0% |
| Item | Amount |
|---|---|
| REVENUE | $646M |
| Cost of Revenue | $401M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | -$25M |
| Operating Expenses | $98M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $171M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $24M |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $264M |
| EBIT | $171M |
| EBITDA | $435M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $646M |
| Cost of Revenue | $401M |
| GROSS PROFIT | $245M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $58M |
| Other Expenses | -$25M |
| Operating Expenses | $98M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $171M |
| Interest Income | $0 |
| Interest Expense | $63M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $99M |
| Net Income from Discontinued Ops | $24M |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $264M |
| EBIT | $171M |
| EBITDA | $435M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $281M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $65M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $438M |
| Capital Expenditure | -$1.6B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | -$1.6B |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | -$300M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | $1.2B |
| FREE CASH FLOW | -$1.2B |
| Net Change in Cash | $40M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $326M |
| Short-Term Investments | $0 |
| Net Receivables | $426M |
| Inventory | $87M |
| Other Current Assets | $1.9B |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $10.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $104M |
| Other Non-Current Assets | $48M |
| TOTAL NON-CURRENT ASSETS | $10.8B |
| TOTAL ASSETS | $13.5B |
| Account Payables | $598M |
| Short-Term Debt | $629M |
| Deferred Revenue | $202M |
| Other Current Liabilities | $682M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $4.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $169M |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $6.2B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $195M |
| Additional Paid-In Capital | $934M |
| Retained Earnings | $5.7B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | -$549M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $359M |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $13.5B |
| Total Debt | $5.3B |
| Net Debt | $5.0B |
