| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $679M | $639M | $634M | 6.3% | 7.1% |
| Op. Income | $107M | $94M | $99M | 12.9% | 8.2% |
| Gross Margin | 41.9% | 42.1% | 42.0% | -0.2pp | -0.1pp |
| Net Margin | 11.4% | 11.0% | 10.2% | 0.5pp | 1.2pp |
| EPS (Diluted) | $0.91 | $0.82 | $0.75 | 11.0% | 21.3% |
| Free Cash Flow | $91M | $73M | $98M | 24.7% | -6.8% |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $285M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | $0 |
| Operating Expenses | $178M |
| Cost & Expenses | $572M |
| OPERATING INCOME | $107M |
| Interest Income | $73.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $46M |
| EBIT | $107M |
| EBITDA | $153M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $679M |
| Cost of Revenue | $394M |
| GROSS PROFIT | $285M |
| R&D Expenses | $16M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $162M |
| Other Expenses | $0 |
| Operating Expenses | $178M |
| Cost & Expenses | $572M |
| OPERATING INCOME | $107M |
| Interest Income | $73.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$11M |
| INCOME BEFORE TAX | $95M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $77M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $77M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $77M |
| D&A | $46M |
| EBIT | $107M |
| EBITDA | $153M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $77M |
| Depreciation & Amortization | $46M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $2M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$13M |
| OPERATING CASH FLOW | $126M |
| Capital Expenditure | -$35M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$33M |
| Net Debt Issuance | -$51M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | -$29M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | $91M |
| Net Change in Cash | -$9M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $210M |
| Short-Term Investments | $0 |
| Net Receivables | $491M |
| Inventory | $231M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $980M |
| PP&E (Net) | $986M |
| Goodwill | $0 |
| Intangible Assets | $3.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $47M |
| TOTAL NON-CURRENT ASSETS | $4.0B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $126M |
| Short-Term Debt | $0 |
| Deferred Revenue | $47M |
| Other Current Liabilities | $179M |
| TOTAL CURRENT LIABILITIES | $373M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $154M |
| Other Non-Current Liabilities | $102M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $2.0B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$127M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $7M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
