| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.1B | $1.3B | 15.0% | 4.3% |
| Op. Income | $126M | $100M | $132M | 26.4% | -4.8% |
| Gross Margin | 20.8% | 20.9% | 22.2% | -0.1pp | -1.4pp |
| Net Margin | 5.7% | -5.9% | 4.6% | 11.6pp | 1.1pp |
| EPS (Diluted) | $1.14 | $0.79 | $1.10 | 44.3% | 3.6% |
| Free Cash Flow | $193M | -$276M | $64M | 169.8% | 202.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $146M |
| Other Expenses | -$400.0K |
| Operating Expenses | $146M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $126M |
| Interest Income | $2M |
| Interest Expense | $25M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $12M |
| EBIT | $127M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $272M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $146M |
| Other Expenses | -$400.0K |
| Operating Expenses | $146M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $126M |
| Interest Income | $2M |
| Interest Expense | $25M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $102M |
| Income Tax Expense | $20M |
| Net Income from Continuing Ops | $82M |
| Net Income from Discontinued Ops | -$7M |
| Other Adjustments | $0 |
| NET INCOME | $75M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $82M |
| D&A | $12M |
| EBIT | $127M |
| EBITDA | $139M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $75M |
| Depreciation & Amortization | $12M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | -$11M |
| Change in Working Capital | $131M |
| OPERATING CASH FLOW | $217M |
| Capital Expenditure | -$24M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $10M |
| NET CASH FROM INVESTING | -$15M |
| Net Debt Issuance | -$127M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$8M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$139M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | $64M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $368M |
| Short-Term Investments | $0 |
| Net Receivables | $644M |
| Inventory | $863M |
| Other Current Assets | $402M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $340M |
| Goodwill | $264M |
| Intangible Assets | $11M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $549M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.6B |
| Account Payables | $608M |
| Short-Term Debt | $6M |
| Deferred Revenue | -$608M |
| Other Current Liabilities | $358M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $195M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $808M |
| Retained Earnings | $742M |
| Treasury Stock | -$402M |
| Accum. Other Comp. Income | -$287M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $861M |
| Minority Interest | $500.0K |
| TOTAL EQUITY | $861M |
| TOTAL LIABILITIES & EQUITY | $3.6B |
| Total Debt | $1.3B |
| Net Debt | $980M |
