| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $946M | $989M | $975M | -4.4% | -3.0% |
| Op. Income | $113M | $110M | $111M | 2.5% | 1.3% |
| Gross Margin | 49.5% | 48.6% | 49.9% | 0.9pp | -0.3pp |
| Net Margin | 6.9% | 6.6% | 6.3% | 0.3pp | 0.7pp |
| EPS (Diluted) | $0.54 | $0.54 | $0.49 | 0.0% | 10.2% |
| Free Cash Flow | $37M | $27M | $59M | 40.0% | -37.1% |
| Item | Amount |
|---|---|
| REVENUE | $946M |
| Cost of Revenue | $478M |
| GROSS PROFIT | $468M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $362M |
| SG&A Expenses | $362M |
| Other Expenses | $0 |
| Operating Expenses | $362M |
| Cost & Expenses | $839M |
| OPERATING INCOME | $113M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $27M |
| EBIT | $113M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $946M |
| Cost of Revenue | $478M |
| GROSS PROFIT | $468M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $362M |
| SG&A Expenses | $362M |
| Other Expenses | $0 |
| Operating Expenses | $362M |
| Cost & Expenses | $839M |
| OPERATING INCOME | $113M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $89M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $66M |
| D&A | $27M |
| EBIT | $113M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | -$33M |
| OPERATING CASH FLOW | $60M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $12M |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$60M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $272.0K |
| NET CASH FROM FINANCING | -$60M |
| FREE CASH FLOW | $37M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $90M |
| Short-Term Investments | $0 |
| Net Receivables | $91M |
| Inventory | $953M |
| Other Current Assets | $40M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $297M |
| Goodwill | $534M |
| Intangible Assets | $68M |
| Long-Term Investments | -$83M |
| Tax Assets | $83M |
| Other Non-Current Assets | $19M |
| TOTAL NON-CURRENT ASSETS | $918M |
| TOTAL ASSETS | $2.1B |
| Account Payables | $252M |
| Short-Term Debt | $6M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $421M |
| Long-Term Debt | $1.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $83M |
| Other Non-Current Liabilities | $26M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $8M |
| Retained Earnings | -$48M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$106M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$145M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$145M |
| TOTAL LIABILITIES & EQUITY | $2.1B |
| Total Debt | $1.7B |
| Net Debt | $1.6B |
