| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $884M | $693M | $822M | 27.7% | 7.7% |
| Op. Income | $90M | -$19M | $50M | 570.9% | 82.5% |
| Gross Margin | 40.0% | 34.2% | 39.1% | 5.8pp | 0.9pp |
| Net Margin | 3.6% | -4.3% | 4.4% | 8.0pp | -0.7pp |
| EPS (Diluted) | $0.25 | $-0.24 | $0.27 | 204.2% | -7.4% |
| Free Cash Flow | $144M | $32M | $152M | 355.7% | -5.0% |
| Item | Amount |
|---|---|
| REVENUE | $884M |
| Cost of Revenue | $531M |
| GROSS PROFIT | $354M |
| R&D Expenses | $117M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $140M |
| Other Expenses | -$48M |
| Operating Expenses | $263M |
| Cost & Expenses | $794M |
| OPERATING INCOME | $90M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $752.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $313M |
| EBIT | $43M |
| EBITDA | $356M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $884M |
| Cost of Revenue | $531M |
| GROSS PROFIT | $354M |
| R&D Expenses | $117M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $140M |
| Other Expenses | -$48M |
| Operating Expenses | $263M |
| Cost & Expenses | $794M |
| OPERATING INCOME | $90M |
| Interest Income | $2M |
| Interest Expense | $10M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $33M |
| Income Tax Expense | $752.0K |
| Net Income from Continuing Ops | $32M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $32M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $32M |
| D&A | $313M |
| EBIT | $43M |
| EBITDA | $356M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $32M |
| Depreciation & Amortization | $313M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | -$83M |
| Change in Working Capital | -$52M |
| OPERATING CASH FLOW | $215M |
| Capital Expenditure | -$70M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $58M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $135M |
| Common Stock Repurchased | -$87M |
| Common Dividends Paid | -$631M |
| Other Financing Activities | $607M |
| NET CASH FROM FINANCING | $32M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | $224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $558M |
| Short-Term Investments | $0 |
| Net Receivables | $530M |
| Inventory | $475M |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $1.4B |
| Goodwill | $2.2B |
| Intangible Assets | $596M |
| Long-Term Investments | $91M |
| Tax Assets | $0 |
| Other Non-Current Assets | $65M |
| TOTAL NON-CURRENT ASSETS | $4.3B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $229M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $52M |
| TOTAL CURRENT LIABILITIES | $462M |
| Long-Term Debt | $735M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $853M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $5.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$452M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $735M |
| Net Debt | $177M |
