| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $896M | 0.9% | 28.2% |
| Op. Income | $224M | $202M | -$51M | 10.6% | 540.8% |
| Gross Margin | 43.5% | 41.8% | 32.6% | 1.7pp | 10.8pp |
| Net Margin | 10.5% | 7.1% | -7.1% | 3.4pp | 17.7pp |
| EPS (Diluted) | $0.45 | $0.31 | $-0.27 | 45.2% | 266.7% |
| Free Cash Flow | $252M | $105M | $22M | 141.1% | 1049.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $649M |
| GROSS PROFIT | $499M |
| R&D Expenses | $94M |
| Selling & Marketing | $86M |
| General & Administrative | $96M |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $275M |
| Cost & Expenses | $925M |
| OPERATING INCOME | $224M |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $190M |
| EBIT | $260M |
| EBITDA | $450M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $649M |
| GROSS PROFIT | $499M |
| R&D Expenses | $94M |
| Selling & Marketing | $86M |
| General & Administrative | $96M |
| SG&A Expenses | $182M |
| Other Expenses | $0 |
| Operating Expenses | $275M |
| Cost & Expenses | $925M |
| OPERATING INCOME | $224M |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$68M |
| INCOME BEFORE TAX | $155M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $121M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $121M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $121M |
| D&A | $190M |
| EBIT | $260M |
| EBITDA | $450M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $121M |
| Depreciation & Amortization | $190M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$35M |
| Other Non-Cash Items | -$25M |
| Change in Working Capital | $10M |
| OPERATING CASH FLOW | $279M |
| Capital Expenditure | -$27M |
| Acquisitions (Net) | $2M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$11M |
| Net Debt Issuance | -$277M |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | $84M |
| NET CASH FROM FINANCING | -$218M |
| FREE CASH FLOW | $252M |
| Net Change in Cash | $50M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $131M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $154M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $861M |
| Goodwill | $7.9B |
| Intangible Assets | $4.9B |
| Long-Term Investments | $445M |
| Tax Assets | $6M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $14.1B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $52M |
| Short-Term Debt | $63M |
| Deferred Revenue | $242M |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $7.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.1B |
| Other Non-Current Liabilities | $211M |
| TOTAL NON-CURRENT LIABILITIES | $9.5B |
| TOTAL LIABILITIES | $11.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $998M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$315M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $8.2B |
| Net Debt | $8.1B |
