| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | $2.6B | 0.5% | -1.6% |
| Op. Income | $366M | $326M | $391M | 12.3% | -6.4% |
| Gross Margin | 37.2% | 35.6% | 37.8% | 1.6pp | -0.6pp |
| Net Margin | 8.2% | 7.0% | 9.1% | 1.2pp | -0.9pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $333M | $213M | $271M | 56.3% | 22.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $936M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $446M |
| Other Expenses | $0 |
| Operating Expenses | $572M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $366M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $303M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $206M |
| D&A | $102M |
| EBIT | $366M |
| EBITDA | $468M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $936M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $446M |
| Other Expenses | $0 |
| Operating Expenses | $572M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $366M |
| Interest Income | $0 |
| Interest Expense | $61M |
| Other Income/Expenses | -$62M |
| INCOME BEFORE TAX | $303M |
| Income Tax Expense | $85M |
| Net Income from Continuing Ops | $218M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $206M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $206M |
| D&A | $102M |
| EBIT | $366M |
| EBITDA | $468M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $206M |
| Depreciation & Amortization | $102M |
| Stock-Based Compensation | $11M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | $138M |
| OPERATING CASH FLOW | $432M |
| Capital Expenditure | -$99M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$75M |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | -$130M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$115M |
| Other Financing Activities | -$6M |
| NET CASH FROM FINANCING | -$251M |
| FREE CASH FLOW | $333M |
| Net Change in Cash | $12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $450M |
| Short-Term Investments | $1M |
| Net Receivables | $1.3B |
| Inventory | $1.3B |
| Other Current Assets | $8M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $1.3B |
| Goodwill | $6.0B |
| Intangible Assets | $3.9B |
| Long-Term Investments | $59M |
| Tax Assets | -$59M |
| Other Non-Current Assets | $78M |
| TOTAL NON-CURRENT ASSETS | $11.2B |
| TOTAL ASSETS | $14.4B |
| Account Payables | $702M |
| Short-Term Debt | $0 |
| Deferred Revenue | -$16M |
| Other Current Liabilities | $683M |
| TOTAL CURRENT LIABILITIES | $1.6B |
| Long-Term Debt | $4.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $858M |
| TOTAL NON-CURRENT LIABILITIES | $6.1B |
| TOTAL LIABILITIES | $7.7B |
| Common Stock | $0 |
| Additional Paid-In Capital | $9.1B |
| Retained Earnings | -$2.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$139M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $116M |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $14.4B |
| Total Debt | $5.2B |
| Net Debt | $4.8B |
