| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $975M | $995M | $966M | -2.0% | 0.9% |
| Op. Income | $111M | $110M | $119M | 0.9% | -6.7% |
| Gross Margin | 49.9% | 48.9% | 50.5% | 1.0pp | -0.6pp |
| Net Margin | 6.3% | 8.4% | 5.9% | -2.1pp | 0.4pp |
| EPS (Diluted) | $0.49 | $0.65 | $0.40 | -24.6% | 22.5% |
| Free Cash Flow | $59M | $82M | $48M | -27.7% | 23.8% |
| Item | Amount |
|---|---|
| REVENUE | $975M |
| Cost of Revenue | $489M |
| GROSS PROFIT | $486M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $368M |
| SG&A Expenses | $368M |
| Other Expenses | $0 |
| Operating Expenses | $368M |
| Cost & Expenses | $857M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $27M |
| EBIT | $111M |
| EBITDA | $145M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $975M |
| Cost of Revenue | $489M |
| GROSS PROFIT | $486M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $368M |
| SG&A Expenses | $368M |
| Other Expenses | $0 |
| Operating Expenses | $368M |
| Cost & Expenses | $857M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $25M |
| Other Income/Expenses | -$25M |
| INCOME BEFORE TAX | $86M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $27M |
| EBIT | $111M |
| EBITDA | $145M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$20M |
| OPERATING CASH FLOW | $75M |
| Capital Expenditure | -$16M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $14.0K |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$22M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $837.0K |
| NET CASH FROM FINANCING | -$71M |
| FREE CASH FLOW | $59M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $68M |
| Short-Term Investments | $0 |
| Net Receivables | $99M |
| Inventory | $935M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $300M |
| Goodwill | $546M |
| Intangible Assets | $76M |
| Long-Term Investments | -$66M |
| Tax Assets | $66M |
| Other Non-Current Assets | $24M |
| TOTAL NON-CURRENT ASSETS | $946M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $290M |
| Short-Term Debt | $86M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $546M |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $33M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$246M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$70M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$315M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$315M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.9B |
| Net Debt | $1.8B |
