| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $437M | $439M | $419M | -0.2% | 4.3% |
| Op. Income | $62M | $50M | $42M | 23.8% | 48.9% |
| Gross Margin | 35.6% | 36.8% | 36.7% | -1.2pp | -1.1pp |
| Net Margin | 10.9% | 8.7% | 13.9% | 2.1pp | -3.0pp |
| EPS (Diluted) | $2.48 | $1.99 | $2.85 | 24.6% | -13.0% |
| Free Cash Flow | $68M | $9M | $34M | 652.8% | 100.6% |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | -$1M |
| Operating Expenses | $93M |
| Cost & Expenses | $375M |
| OPERATING INCOME | $62M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $949.0K |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $25M |
| EBIT | $62M |
| EBITDA | $87M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $437M |
| Cost of Revenue | $282M |
| GROSS PROFIT | $156M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $68M |
| Other Expenses | -$1M |
| Operating Expenses | $93M |
| Cost & Expenses | $375M |
| OPERATING INCOME | $62M |
| Interest Income | $2M |
| Interest Expense | $0 |
| Other Income/Expenses | $949.0K |
| INCOME BEFORE TAX | $63M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $48M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $48M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $48M |
| D&A | $25M |
| EBIT | $62M |
| EBITDA | $87M |
| EPS | $3 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $48M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $861.0K |
| Other Non-Cash Items | -$8M |
| Change in Working Capital | $29M |
| OPERATING CASH FLOW | $96M |
| Capital Expenditure | -$29M |
| Acquisitions (Net) | -$67.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $70.0K |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$2M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$9M |
| FREE CASH FLOW | $68M |
| Net Change in Cash | $59M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $335M |
| Short-Term Investments | $0 |
| Net Receivables | $203M |
| Inventory | $275M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $849M |
| PP&E (Net) | $554M |
| Goodwill | $397M |
| Intangible Assets | $78M |
| Long-Term Investments | $0 |
| Tax Assets | $433.0K |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $2.0B |
| Account Payables | $70M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $180M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $88M |
| Other Non-Current Liabilities | $105M |
| TOTAL NON-CURRENT LIABILITIES | $193M |
| TOTAL LIABILITIES | $373M |
| Common Stock | $2M |
| Additional Paid-In Capital | $84M |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $0 |
| Net Debt | -$335M |
