| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.7B | $2.2B | 23.6% | -3.9% |
| Op. Income | -$178M | $15M | $84M | -1287.3% | -311.5% |
| Gross Margin | 35.3% | 31.8% | 35.2% | 3.5pp | 0.1pp |
| Net Margin | 4.2% | -8.8% | 6.0% | 13.1pp | -1.7pp |
| EPS (Diluted) | $0.21 | $-0.36 | $0.27 | 158.3% | -22.2% |
| Free Cash Flow | $134M | -$259M | -$95M | 151.9% | 241.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $747M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $559M |
| SG&A Expenses | $559M |
| Other Expenses | -$200.0K |
| Operating Expenses | $559M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | -$178M |
| Interest Income | $0 |
| Interest Expense | $78M |
| Other Income/Expenses | -$78M |
| INCOME BEFORE TAX | $100M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $83M |
| Net Income from Discontinued Ops | $7M |
| Other Adjustments | $0 |
| NET INCOME | $90M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $90M |
| D&A | $87M |
| EBIT | $176M |
| EBITDA | $264M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $90M |
| Depreciation & Amortization | $87M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$34M |
| OPERATING CASH FLOW | $191M |
| Capital Expenditure | -$57M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $755M |
| NET CASH FROM INVESTING | $698M |
| Net Debt Issuance | -$531M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$98M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$632M |
| FREE CASH FLOW | $134M |
| Net Change in Cash | $260M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $625M |
| Short-Term Investments | $0 |
| Net Receivables | $1.8B |
| Inventory | $1.8B |
| Other Current Assets | $2.8B |
| TOTAL CURRENT ASSETS | $7.1B |
| PP&E (Net) | $1.6B |
| Goodwill | $3.0B |
| Intangible Assets | $5.5B |
| Long-Term Investments | $0 |
| Tax Assets | $234M |
| Other Non-Current Assets | $339M |
| TOTAL NON-CURRENT ASSETS | $10.6B |
| TOTAL ASSETS | $17.7B |
| Account Payables | $1.1B |
| Short-Term Debt | $43M |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $3.1B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $12.7B |
| Common Stock | $447M |
| Additional Paid-In Capital | $8.6B |
| Retained Earnings | -$2.6B |
| Treasury Stock | -$589M |
| Accum. Other Comp. Income | -$921M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $35M |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $17.7B |
| Total Debt | $7.3B |
| Net Debt | $6.7B |
