| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.8B | $1.8B | 3.7% | -1.0% |
| Op. Income | $714M | $694M | $788M | 2.9% | -9.4% |
| Gross Margin | 41.0% | 41.2% | 44.3% | -0.2pp | -3.3pp |
| Net Margin | 22.1% | 22.1% | 22.3% | -0.0pp | -0.2pp |
| EPS (Diluted) | $0.52 | $0.50 | $0.53 | 4.0% | -1.9% |
| Free Cash Flow | $234M | $198M | $140M | 17.9% | 67.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $745M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $714M |
| Interest Income | $4M |
| Interest Expense | $84M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $656M |
| Income Tax Expense | $251M |
| Net Income from Continuing Ops | $404M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $402M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $402M |
| D&A | $199M |
| EBIT | $741M |
| EBITDA | $940M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $745M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $31M |
| Other Expenses | $0 |
| Operating Expenses | $31M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $714M |
| Interest Income | $4M |
| Interest Expense | $84M |
| Other Income/Expenses | -$58M |
| INCOME BEFORE TAX | $656M |
| Income Tax Expense | $251M |
| Net Income from Continuing Ops | $404M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $402M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $402M |
| D&A | $199M |
| EBIT | $741M |
| EBITDA | $940M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $404M |
| Depreciation & Amortization | $199M |
| Stock-Based Compensation | $200.0K |
| Deferred Income Tax | $11M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$213M |
| OPERATING CASH FLOW | $414M |
| Capital Expenditure | -$180M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $95M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$309M |
| Other Financing Activities | $300.0K |
| NET CASH FROM FINANCING | -$309M |
| FREE CASH FLOW | $234M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $752M |
| Short-Term Investments | $119M |
| Net Receivables | $936M |
| Inventory | $1.1B |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $10.5B |
| Goodwill | $0 |
| Intangible Assets | $148M |
| Long-Term Investments | $103M |
| Tax Assets | $209M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $12.2B |
| TOTAL ASSETS | $15.3B |
| Account Payables | $631M |
| Short-Term Debt | $400M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $210M |
| Other Non-Current Liabilities | $387M |
| TOTAL NON-CURRENT LIABILITIES | $7.2B |
| TOTAL LIABILITIES | $8.6B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $6.4B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $48M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $15.3B |
| Total Debt | $7.0B |
| Net Debt | $6.3B |