| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $222M | $1.2B | 357.5% | -15.8% |
| Op. Income | $232M | -$72M | $302M | 423.1% | -23.1% |
| Gross Margin | 40.4% | 15.3% | 41.7% | 25.0pp | -1.4pp |
| Net Margin | 14.7% | -9.6% | 13.7% | 24.3pp | 1.0pp |
| EPS (Diluted) | $2.59 | $-0.37 | $2.73 | 800.0% | -5.1% |
| Free Cash Flow | -$286M | -$230M | -$305M | -24.4% | 6.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $604M |
| GROSS PROFIT | $409M |
| R&D Expenses | $11M |
| Selling & Marketing | $47M |
| General & Administrative | $102M |
| SG&A Expenses | $149M |
| Other Expenses | -$9M |
| Operating Expenses | $167M |
| Cost & Expenses | $771M |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $202M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $20M |
| EBIT | $225M |
| EBITDA | $245M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $604M |
| GROSS PROFIT | $409M |
| R&D Expenses | $11M |
| Selling & Marketing | $47M |
| General & Administrative | $102M |
| SG&A Expenses | $149M |
| Other Expenses | -$9M |
| Operating Expenses | $167M |
| Cost & Expenses | $771M |
| OPERATING INCOME | $232M |
| Interest Income | $0 |
| Interest Expense | $23M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $202M |
| Income Tax Expense | $49M |
| Net Income from Continuing Ops | $153M |
| Net Income from Discontinued Ops | -$4M |
| Other Adjustments | $0 |
| NET INCOME | $149M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $149M |
| D&A | $20M |
| EBIT | $225M |
| EBITDA | $245M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $149M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $14M |
| Change in Working Capital | -$466M |
| OPERATING CASH FLOW | -$272M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$39M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2M |
| NET CASH FROM INVESTING | -$55M |
| Net Debt Issuance | $492M |
| Common Stock Repurchased | -$161M |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | $304M |
| FREE CASH FLOW | -$286M |
| Net Change in Cash | -$22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $33M |
| Short-Term Investments | $0 |
| Net Receivables | $931M |
| Inventory | $597M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $1.6B |
| PP&E (Net) | $464M |
| Goodwill | $467M |
| Intangible Assets | $778M |
| Long-Term Investments | $33M |
| Tax Assets | $0 |
| Other Non-Current Assets | $195M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $254M |
| Short-Term Debt | $336M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $317M |
| TOTAL CURRENT LIABILITIES | $906M |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $236M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $409M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.0B |
| Treasury Stock | -$911M |
| Accum. Other Comp. Income | -$51M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $496M |
| Minority Interest | $5M |
| TOTAL EQUITY | $501M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $2.3B |
| Net Debt | $2.2B |
