| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.5B | $4.9B | $5.0B | 12.5% | 8.9% |
| Op. Income | $410M | $287M | $349M | 42.9% | 17.4% |
| Gross Margin | 45.5% | 45.5% | 46.8% | 0.0pp | -1.3pp |
| Net Margin | 5.2% | 4.0% | 0.0% | 1.3pp | 5.2pp |
| EPS (Diluted) | $0.29 | $0.20 | $0.22 | 47.1% | 31.6% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $519M |
| Selling & Marketing | $1.4B |
| General & Administrative | $193M |
| SG&A Expenses | $1.6B |
| Other Expenses | -$6M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $410M |
| Interest Income | $48M |
| Interest Expense | $70M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $304M |
| Net Income from Discontinued Ops | -$15M |
| Other Adjustments | -$1M |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $352M |
| EBIT | $461M |
| EBITDA | $761M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $5.5B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $2.5B |
| R&D Expenses | $519M |
| Selling & Marketing | $1.4B |
| General & Administrative | $193M |
| SG&A Expenses | $1.6B |
| Other Expenses | -$6M |
| Operating Expenses | $2.1B |
| Cost & Expenses | $5.1B |
| OPERATING INCOME | $410M |
| Interest Income | $48M |
| Interest Expense | $70M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $391M |
| Income Tax Expense | $87M |
| Net Income from Continuing Ops | $304M |
| Net Income from Discontinued Ops | -$15M |
| Other Adjustments | -$1M |
| NET INCOME | $285M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $285M |
| D&A | $352M |
| EBIT | $461M |
| EBITDA | $761M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $285M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$285M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $557M |
| Net Receivables | $4.6B |
| Inventory | $3.5B |
| Other Current Assets | $882M |
| TOTAL CURRENT ASSETS | $10.6B |
| PP&E (Net) | $2.9B |
| Goodwill | $10.1B |
| Intangible Assets | $4.1B |
| Long-Term Investments | $680M |
| Tax Assets | $2.1B |
| Other Non-Current Assets | $282M |
| TOTAL NON-CURRENT ASSETS | $20.2B |
| TOTAL ASSETS | $30.9B |
| Account Payables | $2.4B |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $1.5B |
| Other Current Liabilities | $3.2B |
| TOTAL CURRENT LIABILITIES | $8.3B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.9B |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $16.9B |
| Common Stock | $212M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $8.8B |
| Treasury Stock | -$114M |
| Accum. Other Comp. Income | $804M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.9B |
| Minority Interest | $33M |
| TOTAL EQUITY | $14.0B |
| TOTAL LIABILITIES & EQUITY | $30.9B |
| Total Debt | $6.8B |
| Net Debt | $5.6B |
