| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.0B | $2.8B | 2.1% | 8.0% |
| Op. Income | $689M | $653M | $604M | 5.5% | 14.1% |
| Gross Margin | 43.7% | 44.1% | 43.6% | -0.4pp | 0.1pp |
| Net Margin | 15.7% | 15.4% | 14.3% | 0.3pp | 1.4pp |
| EPS (Diluted) | $7.68 | $7.40 | $15.68 | 3.8% | -51.0% |
| Free Cash Flow | $439M | $363M | $376M | 20.9% | 16.8% |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $307M |
| SG&A Expenses | $307M |
| Other Expenses | $0 |
| Operating Expenses | $331M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $689M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $643M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $481M |
| NET INCOME | $480M |
| Net Income Deductions | $481M |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $311M |
| EBIT | $826.0K |
| EBITDA | $4M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| REVENUE | $3.1B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $307M |
| SG&A Expenses | $307M |
| Other Expenses | $0 |
| Operating Expenses | $331M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $689M |
| Interest Income | $0 |
| Interest Expense | $44M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $643M |
| Income Tax Expense | $158M |
| Net Income from Continuing Ops | -$1M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $481M |
| NET INCOME | $480M |
| Net Income Deductions | $481M |
| BOTTOM LINE NET INCOME | -$1M |
| D&A | $311M |
| EBIT | $826.0K |
| EBITDA | $4M |
| EPS | $8 |
| EPS Diluted | $8 |
| Item | Amount |
|---|---|
| Net Income | $480M |
| Depreciation & Amortization | $311M |
| Stock-Based Compensation | $17M |
| Deferred Income Tax | $1M |
| Other Non-Cash Items | -$109M |
| Change in Working Capital | $90M |
| OPERATING CASH FLOW | $790M |
| Capital Expenditure | -$351M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $63M |
| NET CASH FROM INVESTING | -$289M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $544M |
| Common Dividends Paid | -$237M |
| Other Financing Activities | $237M |
| NET CASH FROM FINANCING | -$516M |
| FREE CASH FLOW | $439M |
| Net Change in Cash | -$66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $479M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $606M |
| Other Current Assets | $202M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $11.7B |
| Goodwill | $3.2B |
| Intangible Assets | $525M |
| Long-Term Investments | $32M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $16.7B |
| TOTAL ASSETS | $19.8B |
| Account Payables | $967M |
| Short-Term Debt | $979M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $10.0B |
| TOTAL LIABILITIES | $13.8B |
| Common Stock | $4M |
| Additional Paid-In Capital | $323M |
| Retained Earnings | $13.7B |
| Treasury Stock | -$273.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$14.0B |
| TOTAL STOCKHOLDERS' EQUITY | $14M |
| Minority Interest | $0 |
| TOTAL EQUITY | $14M |
| TOTAL LIABILITIES & EQUITY | $168M |
| Total Debt | $8.2B |
| Net Debt | $7.7B |
