| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $789M | $766M | $699M | 3.1% | 12.9% |
| Op. Income | $33M | $37M | $17M | -10.2% | 91.6% |
| Gross Margin | 9.0% | 9.5% | 7.6% | -0.5pp | 1.4pp |
| Net Margin | 3.1% | 2.9% | 1.8% | 0.2pp | 1.4pp |
| EPS (Diluted) | $0.79 | $0.69 | $0.36 | 14.5% | 119.4% |
| Free Cash Flow | -$31M | -$58M | -$79M | 47.0% | 60.8% |
| Item | Amount |
|---|---|
| REVENUE | $789M |
| Cost of Revenue | $718M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $756M |
| OPERATING INCOME | $33M |
| Interest Income | $440.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $13M |
| EBIT | $33M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $789M |
| Cost of Revenue | $718M |
| GROSS PROFIT | $71M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $37M |
| Other Expenses | $0 |
| Operating Expenses | $37M |
| Cost & Expenses | $756M |
| OPERATING INCOME | $33M |
| Interest Income | $440.0K |
| Interest Expense | $3M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $29M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | $25M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $25M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $25M |
| D&A | $13M |
| EBIT | $33M |
| EBITDA | $46M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $13M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | $679.0K |
| Other Non-Cash Items | $41.0K |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | -$1M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $44.0K |
| NET CASH FROM INVESTING | -$30M |
| Net Debt Issuance | $84M |
| Common Stock Repurchased | -$56M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $468.0K |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | -$31M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $184M |
| Short-Term Investments | $0 |
| Net Receivables | $532M |
| Inventory | $802M |
| Other Current Assets | $331.0K |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | $374M |
| Goodwill | $0 |
| Intangible Assets | $8M |
| Long-Term Investments | $0 |
| Tax Assets | $11M |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $451M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $476M |
| Short-Term Debt | $93M |
| Deferred Revenue | $129M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $845M |
| Long-Term Debt | $187M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $94M |
| TOTAL NON-CURRENT LIABILITIES | $281M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $528.0K |
| Additional Paid-In Capital | $586M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$817M |
| Accum. Other Comp. Income | -$11M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $875M |
| Minority Interest | $0 |
| TOTAL EQUITY | $875M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $280M |
| Net Debt | $96M |
