| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $1.2B | $922M | -9.5% | 13.1% |
| Op. Income | $39M | $85M | $34M | -54.7% | 15.3% |
| Gross Margin | 16.7% | 19.7% | 16.8% | -3.0pp | -0.1pp |
| Net Margin | 2.7% | 6.6% | 2.7% | -3.9pp | 0.1pp |
| EPS (Diluted) | $0.69 | $1.85 | $0.58 | -62.7% | 19.0% |
| Free Cash Flow | -$57M | $112M | -$14M | -150.7% | -314.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $870M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $113M |
| SG&A Expenses | $128M |
| Other Expenses | $7M |
| Operating Expenses | $135M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $39M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $7M |
| EBIT | $42M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $870M |
| GROSS PROFIT | $174M |
| R&D Expenses | $0 |
| Selling & Marketing | $15M |
| General & Administrative | $113M |
| SG&A Expenses | $128M |
| Other Expenses | $7M |
| Operating Expenses | $135M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $39M |
| Interest Income | $3M |
| Interest Expense | $2M |
| Other Income/Expenses | $1M |
| INCOME BEFORE TAX | $40M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $29M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $28M |
| D&A | $7M |
| EBIT | $42M |
| EBITDA | $48M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $29M |
| Depreciation & Amortization | $7M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | -$411.0K |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | -$45M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$25M |
| Sales/Maturities of Investments | $18M |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$19M |
| Net Debt Issuance | $25M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | $6M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | -$59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $325M |
| Short-Term Investments | $61M |
| Net Receivables | $436M |
| Inventory | $68M |
| Other Current Assets | $73M |
| TOTAL CURRENT ASSETS | $919M |
| PP&E (Net) | $175M |
| Goodwill | $0 |
| Intangible Assets | $13M |
| Long-Term Investments | $203M |
| Tax Assets | $556.0K |
| Other Non-Current Assets | $6M |
| TOTAL NON-CURRENT ASSETS | $398M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $7M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $47M |
| TOTAL CURRENT LIABILITIES | $770M |
| Long-Term Debt | $169M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $188M |
| TOTAL NON-CURRENT LIABILITIES | $412M |
| TOTAL LIABILITIES | $1.2B |
| Common Stock | $555.0K |
| Additional Paid-In Capital | $41M |
| Retained Earnings | $477M |
| Treasury Stock | -$384M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $135M |
| Minority Interest | $0 |
| TOTAL EQUITY | $135M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $224M |
| Net Debt | -$101M |
