| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $723M | $649M | $703M | 11.4% | 2.7% |
| Op. Income | $99M | $68M | $99M | 46.2% | 0.2% |
| Gross Margin | 44.6% | 43.8% | 45.4% | 0.8pp | -0.8pp |
| Net Margin | 9.6% | 5.5% | 9.2% | 4.1pp | 0.4pp |
| EPS (Diluted) | $0.62 | $0.32 | $0.58 | 94.7% | 6.8% |
| Free Cash Flow | $30M | -$30M | $56M | 200.3% | -46.0% |
| Item | Amount |
|---|---|
| REVENUE | $723M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $322M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $175M |
| Other Expenses | $0 |
| Operating Expenses | $223M |
| Cost & Expenses | $623M |
| OPERATING INCOME | $99M |
| Interest Income | $350.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | -$54.0K |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $53M |
| EBIT | $89M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $723M |
| Cost of Revenue | $400M |
| GROSS PROFIT | $322M |
| R&D Expenses | $48M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $175M |
| Other Expenses | $0 |
| Operating Expenses | $223M |
| Cost & Expenses | $623M |
| OPERATING INCOME | $99M |
| Interest Income | $350.0K |
| Interest Expense | $17M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $3M |
| Net Income from Continuing Ops | $69M |
| Net Income from Discontinued Ops | -$54.0K |
| Other Adjustments | $0 |
| NET INCOME | $69M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $69M |
| D&A | $53M |
| EBIT | $89M |
| EBITDA | $142M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $69M |
| Depreciation & Amortization | $53M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$95M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$17M |
| Acquisitions (Net) | -$240M |
| Purchases of Investments | -$349.0K |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$257M |
| Net Debt Issuance | $238M |
| Common Stock Repurchased | -$764.0K |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $226M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | $16M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $150M |
| Short-Term Investments | $0 |
| Net Receivables | $654M |
| Inventory | $414M |
| Other Current Assets | $119M |
| TOTAL CURRENT ASSETS | $1.3B |
| PP&E (Net) | $491M |
| Goodwill | $3.0B |
| Intangible Assets | $1.3B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $246M |
| TOTAL NON-CURRENT ASSETS | $5.1B |
| TOTAL ASSETS | $6.4B |
| Account Payables | $188M |
| Short-Term Debt | $8M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2M |
| TOTAL CURRENT LIABILITIES | $707M |
| Long-Term Debt | $2.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $717M |
| TOTAL NON-CURRENT LIABILITIES | $3.0B |
| TOTAL LIABILITIES | $3.7B |
| Common Stock | $111M |
| Additional Paid-In Capital | $72M |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$181M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.7B |
| TOTAL LIABILITIES & EQUITY | $6.4B |
| Total Debt | $2.3B |
| Net Debt | $2.1B |
