| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.4B | $1.3B | 10.7% | 26.3% |
| Op. Income | $178M | $160M | $144M | 11.7% | 23.7% |
| Gross Margin | 26.5% | 28.3% | 26.1% | -1.8pp | 0.4pp |
| Net Margin | 5.8% | 20.6% | -0.3% | -14.8pp | 6.1pp |
| EPS (Diluted) | $1.20 | $3.82 | $-0.06 | -68.6% | 2144.3% |
| Free Cash Flow | $20M | $158M | -$35M | -87.5% | 156.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $70M |
| Operating Expenses | $312M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $99M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $105M |
| EBIT | $215M |
| EBITDA | $320M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $421M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $242M |
| Other Expenses | $70M |
| Operating Expenses | $312M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $178M |
| Interest Income | $0 |
| Interest Expense | $99M |
| Other Income/Expenses | -$63M |
| INCOME BEFORE TAX | $116M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $92M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $92M |
| Net Income Deductions | -$3M |
| BOTTOM LINE NET INCOME | $92M |
| D&A | $105M |
| EBIT | $215M |
| EBITDA | $320M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $92M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $17M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | -$121M |
| OPERATING CASH FLOW | $59M |
| Capital Expenditure | -$39M |
| Acquisitions (Net) | -$1.5B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | -$127M |
| Common Stock Repurchased | -$83M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$213M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$1.6B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $309M |
| Short-Term Investments | $0 |
| Net Receivables | $569M |
| Inventory | $591M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.8B |
| Goodwill | $5.0B |
| Intangible Assets | $4.1B |
| Long-Term Investments | -$861M |
| Tax Assets | $861M |
| Other Non-Current Assets | $225M |
| TOTAL NON-CURRENT ASSETS | $11.1B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $323M |
| Short-Term Debt | $25M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $345M |
| TOTAL CURRENT LIABILITIES | $693M |
| Long-Term Debt | $7.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $861M |
| Other Non-Current Liabilities | $597M |
| TOTAL NON-CURRENT LIABILITIES | $8.9B |
| TOTAL LIABILITIES | $9.5B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $12M |
| Treasury Stock | -$510M |
| Accum. Other Comp. Income | $43M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $10M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $7.4B |
| Net Debt | $7.1B |
