| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B | $1.7B | -2.8% | 26.9% |
| Op. Income | $78M | $78M | $49M | 0.7% | 60.2% |
| Gross Margin | 7.2% | 6.8% | 6.8% | 0.4pp | 0.4pp |
| Net Margin | 1.9% | 1.7% | 1.5% | 0.2pp | 0.5pp |
| EPS (Diluted) | $0.57 | $0.54 | $0.33 | 5.6% | 72.7% |
| Free Cash Flow | $70M | -$116M | $3M | 160.5% | 2096.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $153M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $78M |
| Interest Income | $364.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $29M |
| EBIT | $81M |
| EBITDA | $110M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $153M |
| R&D Expenses | $8M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $64M |
| Other Expenses | $0 |
| Operating Expenses | $72M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $78M |
| Interest Income | $364.0K |
| Interest Expense | $8M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $41M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $41M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $41M |
| D&A | $29M |
| EBIT | $81M |
| EBITDA | $110M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $41M |
| Depreciation & Amortization | $29M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $12M |
| Other Non-Cash Items | $234.0K |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$36M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $564.0K |
| NET CASH FROM INVESTING | -$35M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$168.0K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$74M |
| FREE CASH FLOW | $70M |
| Net Change in Cash | -$4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $405M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $1.0B |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $640M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $312M |
| Other Non-Current Assets | $80M |
| TOTAL NON-CURRENT ASSETS | $1.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $1.4B |
| Short-Term Debt | $643M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $209M |
| TOTAL CURRENT LIABILITIES | $2.4B |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $207M |
| TOTAL NON-CURRENT LIABILITIES | $207M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $6.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$3.9B |
| Treasury Stock | -$804M |
| Accum. Other Comp. Income | $65M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $643M |
| Net Debt | $238M |
