| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | — | $1.7B | — | -4.7% |
| Op. Income | $154M | — | $214M | — | -28.1% |
| Gross Margin | 100.0% | — | 100.0% | — | 0.0pp |
| Net Margin | 7.3% | — | 47.0% | — | -39.6pp |
| EPS (Diluted) | $0.31 | — | $2.09 | — | -85.2% |
| Free Cash Flow | $115M | — | $111M | — | 3.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $154M |
| Interest Income | $30M |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $124M |
| EBIT | $154M |
| EBITDA | $278M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $1.6B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $5M |
| Other Expenses | $0 |
| Operating Expenses | $1.4B |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $154M |
| Interest Income | $30M |
| Interest Expense | $0 |
| Other Income/Expenses | -$6M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $124M |
| EBIT | $154M |
| EBITDA | $278M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $124M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $45M |
| Change in Working Capital | -$73M |
| OPERATING CASH FLOW | $212M |
| Capital Expenditure | -$97M |
| Acquisitions (Net) | -$222M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$12M |
| NET CASH FROM INVESTING | -$332M |
| Net Debt Issuance | -$9M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$68M |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $115M |
| Net Change in Cash | -$200M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $218M |
| Short-Term Investments | $2M |
| Net Receivables | $662M |
| Inventory | $135M |
| Other Current Assets | $25M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $550M |
| Goodwill | $0 |
| Intangible Assets | $1.8B |
| Long-Term Investments | $392M |
| Tax Assets | $5M |
| Other Non-Current Assets | -$5M |
| TOTAL NON-CURRENT ASSETS | $2.8B |
| TOTAL ASSETS | $4.4B |
| Account Payables | $800M |
| Short-Term Debt | $38M |
| Deferred Revenue | -$51M |
| Other Current Liabilities | $147M |
| TOTAL CURRENT LIABILITIES | $998M |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $1.4B |
| Deferred Tax Liabilities | $176M |
| Other Non-Current Liabilities | -$209M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $25M |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $3.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | -$5.0B |
| TOTAL STOCKHOLDERS' EQUITY | $1.4B |
| Minority Interest | $539.3K |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $4.4B |
| Total Debt | $1.7B |
| Net Debt | $1.5B |
