| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $238M | $264M | $219M | -9.7% | 8.6% |
| Op. Income | $49M | $82M | $40M | -40.3% | 23.4% |
| Gross Margin | 19.1% | 30.9% | 16.9% | -11.8pp | 2.3pp |
| Net Margin | 17.0% | 24.8% | 15.2% | -7.8pp | 1.8pp |
| EPS (Diluted) | $0.45 | $0.73 | $0.37 | -39.0% | 20.3% |
| Free Cash Flow | $73M | $29M | $83M | 149.6% | -12.0% |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$7M |
| Operating Expenses | -$3M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $0 |
| EBIT | $51M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $238M |
| Cost of Revenue | $193M |
| GROSS PROFIT | $46M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $3M |
| SG&A Expenses | $3M |
| Other Expenses | -$7M |
| Operating Expenses | -$3M |
| Cost & Expenses | $189M |
| OPERATING INCOME | $49M |
| Interest Income | $0 |
| Interest Expense | $2M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $49M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $40M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $40M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $40M |
| D&A | $0 |
| EBIT | $51M |
| EBITDA | $51M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $40M |
| Depreciation & Amortization | $100.0K |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$1M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$153M |
| Sales/Maturities of Investments | $82M |
| Other Investing Activities | $46.0K |
| NET CASH FROM INVESTING | -$72M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$3M |
| FREE CASH FLOW | $73M |
| Net Change in Cash | -$347.0K |
| Item | Amount |
|---|---|
| Cash & Equivalents | $72M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $1.9B |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $54M |
| Goodwill | $46M |
| Intangible Assets | $8M |
| Long-Term Investments | $2.4B |
| Tax Assets | $50M |
| Other Non-Current Assets | -$1.6B |
| TOTAL NON-CURRENT ASSETS | $921M |
| TOTAL ASSETS | $3.4B |
| Account Payables | $21M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$62M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $149M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $50M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $149M |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $677.0K |
| Additional Paid-In Capital | $316M |
| Retained Earnings | $994M |
| Treasury Stock | -$401M |
| Accum. Other Comp. Income | $50M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $960M |
| Minority Interest | $0 |
| TOTAL EQUITY | $960M |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $149M |
| Net Debt | $77M |
