| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $460M | $573M | $449M | -19.7% | 2.4% |
| Op. Income | $57M | $111M | $80M | -48.6% | -28.7% |
| Gross Margin | 58.5% | 55.3% | 61.0% | 3.2pp | -2.5pp |
| Net Margin | 5.4% | 12.7% | 10.2% | -7.3pp | -4.8pp |
| EPS (Diluted) | $0.28 | $0.82 | $0.51 | -65.9% | -45.1% |
| Free Cash Flow | $37M | $6M | $9M | 516.7% | 311.1% |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $133M |
| Operating Expenses | $212M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $3M |
| 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 | $101M |
| EBIT | $56M |
| EBITDA | $157M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $460M |
| Cost of Revenue | $191M |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $79M |
| Other Expenses | $133M |
| Operating Expenses | $212M |
| Cost & Expenses | $403M |
| OPERATING INCOME | $57M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $28M |
| Income Tax Expense | $3M |
| 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 | $101M |
| EBIT | $56M |
| EBITDA | $157M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $25M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $158M |
| Capital Expenditure | -$121M |
| Acquisitions (Net) | $121M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$120M |
| NET CASH FROM INVESTING | -$120M |
| Net Debt Issuance | -$83M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$33M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$116M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $11M |
| Short-Term Investments | $0 |
| Net Receivables | $222M |
| Inventory | $101M |
| Other Current Assets | $71M |
| TOTAL CURRENT ASSETS | $440M |
| PP&E (Net) | $7.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $565M |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $8.0B |
| Account Payables | $119M |
| Short-Term Debt | $17M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $141M |
| TOTAL CURRENT LIABILITIES | $440M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $379M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $5.5B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $8.0B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
