| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $298M | $1.0B | 299.2% | 17.4% |
| Op. Income | $290M | -$85M | $232M | 441.8% | 24.9% |
| Gross Margin | 39.7% | 11.6% | 40.4% | 28.1pp | -0.7pp |
| Net Margin | 33.3% | -26.7% | 14.7% | 60.0pp | 18.6pp |
| EPS (Diluted) | $7.09 | $-1.44 | $2.59 | 592.4% | 173.7% |
| Free Cash Flow | -$321M | -$246M | -$286M | -30.4% | -12.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $718M |
| GROSS PROFIT | $472M |
| R&D Expenses | $9M |
| Selling & Marketing | $54M |
| General & Administrative | $108M |
| SG&A Expenses | $162M |
| Other Expenses | $260M |
| Operating Expenses | $182M |
| Cost & Expenses | $900M |
| OPERATING INCOME | $290M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $233M |
| INCOME BEFORE TAX | $523M |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $397M |
| Net Income from Discontinued Ops | -$500.0K |
| Other Adjustments | $0 |
| NET INCOME | $397M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $397M |
| D&A | $22M |
| EBIT | $552M |
| EBITDA | $575M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $718M |
| GROSS PROFIT | $472M |
| R&D Expenses | $9M |
| Selling & Marketing | $54M |
| General & Administrative | $108M |
| SG&A Expenses | $162M |
| Other Expenses | $260M |
| Operating Expenses | $182M |
| Cost & Expenses | $900M |
| OPERATING INCOME | $290M |
| Interest Income | $0 |
| Interest Expense | $29M |
| Other Income/Expenses | $233M |
| INCOME BEFORE TAX | $523M |
| Income Tax Expense | $127M |
| Net Income from Continuing Ops | $397M |
| Net Income from Discontinued Ops | -$500.0K |
| Other Adjustments | $0 |
| NET INCOME | $397M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $397M |
| D&A | $22M |
| EBIT | $552M |
| EBITDA | $575M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $397M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | -$36M |
| Other Non-Cash Items | -$253M |
| Change in Working Capital | -$452M |
| OPERATING CASH FLOW | -$313M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $238M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $17M |
| NET CASH FROM INVESTING | $247M |
| Net Debt Issuance | $113M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$31M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $81M |
| FREE CASH FLOW | -$321M |
| Net Change in Cash | $15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $38M |
| Short-Term Investments | $0 |
| Net Receivables | $1.0B |
| Inventory | $675M |
| Other Current Assets | $2M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $514M |
| Goodwill | $540M |
| Intangible Assets | $838M |
| Long-Term Investments | $35M |
| Tax Assets | $0 |
| Other Non-Current Assets | $191M |
| TOTAL NON-CURRENT ASSETS | $2.1B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $299M |
| Short-Term Debt | $358M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $504M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $135M |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $3.3B |
| Common Stock | $426M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | -$929M |
| Accum. Other Comp. Income | -$79M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $622M |
| Minority Interest | $5M |
| TOTAL EQUITY | $627M |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
