| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $599M | $589M | $547M | 1.6% | 9.5% |
| Op. Income | $67M | $82M | $90M | -17.7% | -25.8% |
| Gross Margin | 24.4% | 26.6% | 30.1% | -2.3pp | -5.8pp |
| Net Margin | 8.8% | 10.3% | 11.5% | -1.4pp | -2.6pp |
| EPS (Diluted) | $4.53 | $5.14 | $5.29 | -11.9% | -14.4% |
| Free Cash Flow | $36M | -$13M | $20M | 381.7% | 83.9% |
| Item | Amount |
|---|---|
| REVENUE | $599M |
| Cost of Revenue | $453M |
| GROSS PROFIT | $146M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | -$116.0K |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $18M |
| EBIT | $75M |
| EBITDA | $93M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| REVENUE | $599M |
| Cost of Revenue | $453M |
| GROSS PROFIT | $146M |
| R&D Expenses | $37M |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $0 |
| Operating Expenses | $79M |
| Cost & Expenses | $532M |
| OPERATING INCOME | $67M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | -$116.0K |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $18M |
| EBIT | $75M |
| EBITDA | $93M |
| EPS | $5 |
| EPS Diluted | $5 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | -$322.0K |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $135M |
| Common Stock Repurchased | -$123M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$72.0K |
| NET CASH FROM FINANCING | -$8M |
| FREE CASH FLOW | $36M |
| Net Change in Cash | $37M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $372M |
| Inventory | $380M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $893M |
| PP&E (Net) | $649M |
| Goodwill | $123M |
| Intangible Assets | $16M |
| Long-Term Investments | $78M |
| Tax Assets | $4M |
| Other Non-Current Assets | $10M |
| TOTAL NON-CURRENT ASSETS | $881M |
| TOTAL ASSETS | $1.8B |
| Account Payables | $144M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $11M |
| TOTAL CURRENT LIABILITIES | $280M |
| Long-Term Debt | $760M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $176M |
| TOTAL NON-CURRENT LIABILITIES | $941M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $697M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$145M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $552M |
| Minority Interest | $0 |
| TOTAL EQUITY | $552M |
| TOTAL LIABILITIES & EQUITY | $1.8B |
| Total Debt | $760M |
| Net Debt | $650M |
