| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $850M | $861M | $801M | -1.3% | 6.2% |
| Op. Income | $76M | $71M | $57M | 7.0% | 33.7% |
| Gross Margin | 19.9% | 18.9% | 18.8% | 1.0pp | 1.1pp |
| Net Margin | 6.8% | 6.3% | 5.0% | 0.6pp | 1.8pp |
| EPS (Diluted) | $0.80 | $0.75 | $0.56 | 6.7% | 42.9% |
| Free Cash Flow | -$21M | -$548M | $18M | 96.2% | -216.9% |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $681M |
| GROSS PROFIT | $169M |
| R&D Expenses | $11M |
| Selling & Marketing | $41M |
| General & Administrative | $31M |
| SG&A Expenses | $72M |
| Other Expenses | $700M |
| Operating Expenses | $93M |
| Cost & Expenses | $774M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $14M |
| EBIT | $79M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $850M |
| Cost of Revenue | $681M |
| GROSS PROFIT | $169M |
| R&D Expenses | $11M |
| Selling & Marketing | $41M |
| General & Administrative | $31M |
| SG&A Expenses | $72M |
| Other Expenses | $700M |
| Operating Expenses | $93M |
| Cost & Expenses | $774M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $14M |
| Net Income from Continuing Ops | $58M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $58M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $58M |
| D&A | $14M |
| EBIT | $79M |
| EBITDA | $90M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $58M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$89M |
| OPERATING CASH FLOW | -$7M |
| Capital Expenditure | -$14M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $49M |
| Other Investing Activities | -$203M |
| NET CASH FROM INVESTING | -$168M |
| Net Debt Issuance | $210M |
| Common Stock Repurchased | -$22M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$210M |
| NET CASH FROM FINANCING | -$17M |
| FREE CASH FLOW | -$21M |
| Net Change in Cash | -$192M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $202M |
| Short-Term Investments | $29M |
| Net Receivables | $275M |
| Inventory | $694M |
| Other Current Assets | $678M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $79M |
| Goodwill | $0 |
| Intangible Assets | $312M |
| Long-Term Investments | $133M |
| Tax Assets | $70M |
| Other Non-Current Assets | $172M |
| TOTAL NON-CURRENT ASSETS | $766M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $39M |
| Short-Term Debt | $21M |
| Deferred Revenue | $28M |
| Other Current Liabilities | $28M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $402M |
| Deferred Revenue NC | $157M |
| Deferred Tax Liabilities | $70M |
| Other Non-Current Liabilities | $173M |
| TOTAL NON-CURRENT LIABILITIES | $645M |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $611M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | -$302M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $309M |
| Minority Interest | $0 |
| TOTAL EQUITY | $309M |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $423M |
| Net Debt | $221M |
