| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.7B | $3.3B | $3.6B | 13.0% | 3.4% |
| Op. Income | $283M | $240M | $265M | 17.9% | 6.8% |
| Gross Margin | 17.5% | 17.2% | 16.9% | 0.3pp | 0.7pp |
| Net Margin | 6.0% | 5.7% | 4.2% | 0.3pp | 1.8pp |
| EPS (Diluted) | $0.87 | $0.72 | $0.57 | 20.8% | 52.6% |
| Free Cash Flow | $400M | -$162M | $375M | 346.9% | 6.7% |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $653M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $370M |
| Other Expenses | $0 |
| Operating Expenses | $370M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $283M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $260M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $224M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $111M |
| EBIT | $302M |
| EBITDA | $413M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $3.7B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $653M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $370M |
| Other Expenses | $0 |
| Operating Expenses | $370M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $283M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $260M |
| Income Tax Expense | $36M |
| Net Income from Continuing Ops | $224M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $224M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $224M |
| D&A | $111M |
| EBIT | $302M |
| EBITDA | $413M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $224M |
| Depreciation & Amortization | $111M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $10M |
| Other Non-Cash Items | $28M |
| Change in Working Capital | $109M |
| OPERATING CASH FLOW | $482M |
| Capital Expenditure | -$82M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $70M |
| NET CASH FROM INVESTING | -$12M |
| Net Debt Issuance | -$17M |
| Common Stock Repurchased | -$571M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | $35M |
| NET CASH FROM FINANCING | -$558M |
| FREE CASH FLOW | $400M |
| Net Change in Cash | -$105M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $731M |
| Short-Term Investments | $0 |
| Net Receivables | $1.1B |
| Inventory | $3.9B |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $6.9B |
| PP&E (Net) | $2.6B |
| Goodwill | $2.2B |
| Intangible Assets | $0 |
| Long-Term Investments | $763M |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $7.6B |
| TOTAL ASSETS | $14.6B |
| Account Payables | $1.1B |
| Short-Term Debt | $9M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $2.2B |
| TOTAL CURRENT LIABILITIES | $3.4B |
| Long-Term Debt | $3.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.9B |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $33M |
| Additional Paid-In Capital | $1.8B |
| Retained Earnings | $5.9B |
| Treasury Stock | -$963M |
| Accum. Other Comp. Income | -$1.3B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $14.6B |
| Total Debt | $3.9B |
| Net Debt | $3.2B |
