| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.2B | $1.4B | 12.0% | 0.9% |
| Op. Income | $194M | $722M | $113M | -73.1% | 71.7% |
| Gross Margin | 29.2% | 79.3% | 24.0% | -50.1pp | 5.1pp |
| Net Margin | 11.1% | 10.4% | 6.1% | 0.7pp | 5.0pp |
| EPS (Diluted) | $0.64 | $0.52 | $0.31 | 23.1% | 106.5% |
| Free Cash Flow | $334M | $188M | $198M | 77.7% | 68.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $979M |
| GROSS PROFIT | $403M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $125M |
| SG&A Expenses | $125M |
| Other Expenses | $84M |
| Operating Expenses | $209M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $194M |
| Interest Income | $1.2B |
| Interest Expense | $911M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $194M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $0 |
| EBIT | $194M |
| EBITDA | $194M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $979M |
| GROSS PROFIT | $403M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $125M |
| SG&A Expenses | $125M |
| Other Expenses | $84M |
| Operating Expenses | $209M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $194M |
| Interest Income | $1.2B |
| Interest Expense | $911M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $194M |
| Income Tax Expense | $41M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $153M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $153M |
| D&A | $0 |
| EBIT | $194M |
| EBITDA | $194M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $153M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $147M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $334M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2.5B |
| NET CASH FROM INVESTING | $2.5B |
| Net Debt Issuance | -$2.4B |
| Common Stock Repurchased | -$126M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | -$35M |
| NET CASH FROM FINANCING | -$2.6B |
| FREE CASH FLOW | $334M |
| Net Change in Cash | $206M |
