| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.5B | $2.5B | $2.3B | 2.9% | 10.6% |
| Op. Income | $40M | $55M | $46M | -27.0% | -13.1% |
| Gross Margin | 14.7% | 14.9% | 15.1% | -0.2pp | -0.4pp |
| Net Margin | 2.0% | 1.2% | 1.1% | 0.8pp | 0.9pp |
| EPS (Diluted) | $0.99 | $0.60 | $0.50 | 65.0% | 98.0% |
| Free Cash Flow | $58M | -$77M | $91M | 175.5% | -35.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $372M |
| R&D Expenses | $0 |
| Selling & Marketing | $146M |
| General & Administrative | $174M |
| SG&A Expenses | $320M |
| Other Expenses | $418.0K |
| Operating Expenses | $320M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $40M |
| Interest Income | $96.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $22M |
| EBIT | $41M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.5B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $372M |
| R&D Expenses | $0 |
| Selling & Marketing | $146M |
| General & Administrative | $174M |
| SG&A Expenses | $320M |
| Other Expenses | $418.0K |
| Operating Expenses | $320M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | $40M |
| Interest Income | $96.0K |
| Interest Expense | $4M |
| Other Income/Expenses | -$4M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | -$14M |
| Net Income from Continuing Ops | $50M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $50M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $50M |
| D&A | $22M |
| EBIT | $41M |
| EBITDA | $73M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $50M |
| Depreciation & Amortization | $22M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $69M |
| Capital Expenditure | -$10M |
| Acquisitions (Net) | -$6.0K |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $756.0K |
| Other Investing Activities | -$756.0K |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$36M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$35.0K |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $58M |
| Net Change in Cash | $25M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $25M |
| Short-Term Investments | $0 |
| Net Receivables | $629M |
| Inventory | $1.1B |
| Other Current Assets | $61M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $578M |
| Goodwill | $364M |
| Intangible Assets | $201M |
| Long-Term Investments | -$36M |
| Tax Assets | $36M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $3.0B |
| Account Payables | $627M |
| Short-Term Debt | $12M |
| Deferred Revenue | $85M |
| Other Current Liabilities | $75M |
| TOTAL CURRENT LIABILITIES | $799M |
| Long-Term Debt | $431M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $29M |
| TOTAL NON-CURRENT LIABILITIES | $496M |
| TOTAL LIABILITIES | $1.3B |
| Common Stock | $510.0K |
| Additional Paid-In Capital | $471M |
| Retained Earnings | $1.3B |
| Treasury Stock | -$22M |
| Accum. Other Comp. Income | -$10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $3.0B |
| Total Debt | $443M |
| Net Debt | $418M |
