| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.3B | $1.5B | 22.6% | 8.8% |
| Op. Income | $247M | -$6M | $146M | 4075.8% | 68.8% |
| Gross Margin | 16.1% | 0.9% | 11.2% | 15.2pp | 4.9pp |
| Net Margin | 12.1% | 0.3% | 6.8% | 11.8pp | 5.3pp |
| EPS (Diluted) | $0.66 | $0.01 | $0.35 | 6500.0% | 88.6% |
| Free Cash Flow | $157M | $131M | $113M | 19.6% | 38.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $16M |
| Operating Expenses | $16M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $247M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $198M |
| D&A | $0 |
| EBIT | $257M |
| EBITDA | $257M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $263M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $16M |
| Operating Expenses | $16M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $247M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | $100.0K |
| INCOME BEFORE TAX | $247M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $198M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $198M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $198M |
| D&A | $0 |
| EBIT | $257M |
| EBITDA | $257M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $198M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$76M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$566M |
| Sales/Maturities of Investments | $512M |
| Other Investing Activities | -$6M |
| NET CASH FROM INVESTING | -$60M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$37M |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$38M |
| NET CASH FROM FINANCING | -$92M |
| FREE CASH FLOW | $157M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.7B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.3B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $313M |
| Long-Term Investments | $3.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$313M |
| TOTAL NON-CURRENT ASSETS | $3.3B |
| TOTAL ASSETS | $19.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$387M |
| TOTAL CURRENT LIABILITIES | $114M |
| Long-Term Debt | $974M |
| Deferred Revenue NC | -$1.0B |
| Deferred Tax Liabilities | $34M |
| Other Non-Current Liabilities | $13.2B |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $14.4B |
| Common Stock | $302M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$203M |
| Other Equity | -$66M |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $19.5B |
| Total Debt | $974M |
| Net Debt | -$8.7B |
