| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.3B | 4.1% | 6.3% |
| Op. Income | $362M | $423M | $416M | -14.4% | -13.1% |
| Gross Margin | 47.1% | 52.2% | 52.6% | -5.1pp | -5.5pp |
| Net Margin | 20.5% | 21.0% | 15.0% | -0.6pp | 5.5pp |
| EPS (Diluted) | $0.60 | $0.60 | $0.40 | 0.0% | 50.0% |
| Free Cash Flow | $487M | $333M | $417M | 46.0% | 16.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $757M |
| GROSS PROFIT | $675M |
| R&D Expenses | $27M |
| Selling & Marketing | $119M |
| General & Administrative | $92M |
| SG&A Expenses | $211M |
| Other Expenses | $75M |
| Operating Expenses | $313M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $362M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $364M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $75M |
| EBIT | $450M |
| EBITDA | $524M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $757M |
| GROSS PROFIT | $675M |
| R&D Expenses | $27M |
| Selling & Marketing | $119M |
| General & Administrative | $92M |
| SG&A Expenses | $211M |
| Other Expenses | $75M |
| Operating Expenses | $313M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $362M |
| Interest Income | $0 |
| Interest Expense | $86M |
| Other Income/Expenses | $2M |
| INCOME BEFORE TAX | $364M |
| Income Tax Expense | $71M |
| Net Income from Continuing Ops | $293M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $293M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $293M |
| D&A | $75M |
| EBIT | $450M |
| EBITDA | $524M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $292M |
| Depreciation & Amortization | $75M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $62M |
| Other Non-Cash Items | -$34M |
| Change in Working Capital | $184M |
| OPERATING CASH FLOW | $579M |
| Capital Expenditure | -$93M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$99M |
| Net Debt Issuance | -$372M |
| Common Stock Repurchased | -$25M |
| Common Dividends Paid | -$50M |
| Other Financing Activities | -$47M |
| NET CASH FROM FINANCING | -$494M |
| FREE CASH FLOW | $487M |
| Net Change in Cash | -$14M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $64M |
| Short-Term Investments | $0 |
| Net Receivables | $247M |
| Inventory | $19M |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $481M |
| PP&E (Net) | $1.5B |
| Goodwill | $2.3B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $1.1B |
| Tax Assets | $371M |
| Other Non-Current Assets | $129M |
| TOTAL NON-CURRENT ASSETS | $7.8B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $871M |
| Short-Term Debt | $5M |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $6.4B |
| Deferred Revenue NC | $160M |
| Deferred Tax Liabilities | $8M |
| Other Non-Current Liabilities | $114M |
| TOTAL NON-CURRENT LIABILITIES | $6.7B |
| TOTAL LIABILITIES | $9.7B |
| Common Stock | $4M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | -$2.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $5M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.4B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $6.4B |
| Net Debt | $6.4B |
