| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.6B | $3.7B | $2.9B | 22.9% | 59.3% |
| Op. Income | $128M | $96M | -$20M | 33.3% | 740.0% |
| Gross Margin | 5.8% | 6.6% | 7.7% | -0.7pp | -1.9pp |
| Net Margin | 1.5% | -8.4% | -7.7% | 9.9pp | 9.2pp |
| EPS (Diluted) | $0.59 | $-3.49 | $-2.22 | 116.9% | 126.6% |
| Free Cash Flow | -$192M | -$65M | $31M | -195.4% | -719.4% |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $86M |
| Operating Expenses | $139M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $128M |
| Interest Income | $1M |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | -$26M |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $19M |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $41M |
| EBIT | $128M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.6B |
| Cost of Revenue | $4.3B |
| GROSS PROFIT | $269M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $86M |
| Operating Expenses | $139M |
| Cost & Expenses | $4.5B |
| OPERATING INCOME | $128M |
| Interest Income | $1M |
| Interest Expense | $37M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $92M |
| Income Tax Expense | -$2M |
| Net Income from Continuing Ops | $94M |
| Net Income from Discontinued Ops | -$26M |
| Other Adjustments | $0 |
| NET INCOME | $68M |
| Net Income Deductions | $19M |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $41M |
| EBIT | $128M |
| EBITDA | $169M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $68M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$286M |
| OPERATING CASH FLOW | -$178M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | -$112M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $319M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$87M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $232M |
| FREE CASH FLOW | -$192M |
| Net Change in Cash | -$79M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $692M |
| Inventory | $456M |
| Other Current Assets | $68M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.5B |
| Intangible Assets | $659M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $123M |
| TOTAL NON-CURRENT ASSETS | $3.8B |
| TOTAL ASSETS | $5.0B |
| Account Payables | $439M |
| Short-Term Debt | $5M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $98M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $112M |
| Other Non-Current Liabilities | $221M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.1B |
| Common Stock | $916M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$524M |
| Other Equity | $916M |
| TOTAL STOCKHOLDERS' EQUITY | $916M |
| Minority Interest | $0 |
| TOTAL EQUITY | $916M |
| TOTAL LIABILITIES & EQUITY | $5.0B |
| Total Debt | $2.6B |
| Net Debt | $2.6B |
