| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $377M | $352M | $381M | 6.9% | -1.1% |
| Op. Income | $40M | $5M | $36M | 740.6% | 12.5% |
| Gross Margin | 53.3% | 51.6% | 56.0% | 1.7pp | -2.7pp |
| Net Margin | 8.0% | 1.8% | 8.2% | 6.3pp | -0.2pp |
| EPS (Diluted) | $0.18 | $0.04 | $0.19 | 381.7% | -3.4% |
| Free Cash Flow | $39M | -$53M | -$255M | 173.6% | 115.4% |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $201M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | -$1M |
| Operating Expenses | $160M |
| Cost & Expenses | $336M |
| OPERATING INCOME | $40M |
| Interest Income | $679.6K |
| Interest Expense | $2M |
| Other Income/Expenses | $722.1K |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $31M |
| EBIT | $44M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $377M |
| Cost of Revenue | $176M |
| GROSS PROFIT | $201M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $117M |
| Other Expenses | -$1M |
| Operating Expenses | $160M |
| Cost & Expenses | $336M |
| OPERATING INCOME | $40M |
| Interest Income | $679.6K |
| Interest Expense | $2M |
| Other Income/Expenses | $722.1K |
| INCOME BEFORE TAX | $41M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $30M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $30M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $30M |
| D&A | $31M |
| EBIT | $44M |
| EBITDA | $72M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $30M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$4M |
| OPERATING CASH FLOW | $71M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$205M |
| Sales/Maturities of Investments | $180M |
| Other Investing Activities | -$318.6K |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $435.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $21M |
| NET CASH FROM FINANCING | -$21M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $26M |
| Short-Term Investments | $152M |
| Net Receivables | $448M |
| Inventory | $287M |
| Other Current Assets | $181M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $615M |
| Goodwill | $41M |
| Intangible Assets | $486M |
| Long-Term Investments | $51M |
| Tax Assets | $57M |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $151M |
| Short-Term Debt | $305M |
| Deferred Revenue | $59M |
| Other Current Liabilities | $233M |
| TOTAL CURRENT LIABILITIES | $747M |
| Long-Term Debt | $258M |
| Deferred Revenue NC | $531.0K |
| Deferred Tax Liabilities | $9M |
| Other Non-Current Liabilities | $51M |
| TOTAL NON-CURRENT LIABILITIES | $317M |
| TOTAL LIABILITIES | $1.1B |
| Common Stock | $9M |
| Additional Paid-In Capital | $82M |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $570M |
| Net Debt | $544M |
