| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $393M | $303M | $309M | 29.6% | 27.5% |
| Op. Income | $78M | $34M | $65M | 132.1% | 20.3% |
| Gross Margin | 49.1% | 48.4% | 59.6% | 0.7pp | -10.5pp |
| Net Margin | 13.7% | 6.0% | 14.8% | 7.8pp | -1.1pp |
| EPS (Diluted) | $0.49 | $0.17 | $0.42 | 188.2% | 16.7% |
| Free Cash Flow | $80M | $63M | $32M | 26.2% | 149.2% |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $17M |
| Operating Expenses | $115M |
| Cost & Expenses | $315M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $20M |
| EBIT | $80M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $393M |
| Cost of Revenue | $200M |
| GROSS PROFIT | $193M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $98M |
| SG&A Expenses | $98M |
| Other Expenses | $17M |
| Operating Expenses | $115M |
| Cost & Expenses | $315M |
| OPERATING INCOME | $78M |
| Interest Income | $0 |
| Interest Expense | $10M |
| Other Income/Expenses | -$8M |
| INCOME BEFORE TAX | $70M |
| Income Tax Expense | $15M |
| Net Income from Continuing Ops | $54M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $54M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $54M |
| D&A | $20M |
| EBIT | $80M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $54M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $5M |
| Deferred Income Tax | -$1.0K |
| Other Non-Cash Items | $515.0K |
| Change in Working Capital | $9M |
| OPERATING CASH FLOW | $88M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$9M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | -$43M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $339M |
| Inventory | $79M |
| Other Current Assets | $182M |
| TOTAL CURRENT ASSETS | $827M |
| PP&E (Net) | $587M |
| Goodwill | $673M |
| Intangible Assets | $240M |
| Long-Term Investments | $4M |
| Tax Assets | $0 |
| Other Non-Current Assets | $44M |
| TOTAL NON-CURRENT ASSETS | $1.5B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $618M |
| Short-Term Debt | $26M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $5M |
| TOTAL CURRENT LIABILITIES | $665M |
| Long-Term Debt | $687M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $63M |
| TOTAL NON-CURRENT LIABILITIES | $874M |
| TOTAL LIABILITIES | $1.5B |
| Common Stock | $151M |
| Additional Paid-In Capital | $55M |
| Retained Earnings | $681M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $831M |
| Minority Interest | $5M |
| TOTAL EQUITY | $836M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $853M |
| Net Debt | $643M |
