| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $449M | $493M | $449M | -8.9% | 0.0% |
| Op. Income | $80M | $100M | $69M | -20.0% | 15.9% |
| Gross Margin | 61.0% | 59.6% | 55.7% | 1.4pp | 5.3pp |
| Net Margin | 10.2% | 13.0% | 7.1% | -2.7pp | 3.1pp |
| EPS (Diluted) | $0.51 | $0.72 | $0.36 | -29.2% | 41.7% |
| Free Cash Flow | $9M | $63M | $32M | -85.7% | -71.9% |
| Item | Amount |
|---|---|
| REVENUE | $449M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $123M |
| Operating Expenses | $194M |
| Cost & Expenses | $369M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $93M |
| EBIT | $79M |
| EBITDA | $172M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $449M |
| Cost of Revenue | $175M |
| GROSS PROFIT | $274M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $123M |
| Operating Expenses | $194M |
| Cost & Expenses | $369M |
| OPERATING INCOME | $80M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $52M |
| Income Tax Expense | $6M |
| Net Income from Continuing Ops | $46M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $46M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $46M |
| D&A | $93M |
| EBIT | $79M |
| EBITDA | $172M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $46M |
| Depreciation & Amortization | $93M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$9M |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | -$135M |
| Acquisitions (Net) | $135M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$135M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$31M |
| FREE CASH FLOW | $9M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $248M |
| Inventory | $85M |
| Other Current Assets | $74M |
| TOTAL CURRENT ASSETS | $493M |
| PP&E (Net) | $6.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $576M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $103M |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $195M |
| TOTAL CURRENT LIABILITIES | $679M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $378M |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
