| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.4B | $6.0B | $6.2B | 6.8% | 4.6% |
| Op. Income | $194M | $131M | $206M | 48.1% | -5.8% |
| Gross Margin | 17.7% | 17.4% | 18.1% | 0.3pp | -0.3pp |
| Net Margin | 1.8% | 1.2% | 2.0% | 0.6pp | -0.2pp |
| EPS (Diluted) | $0.53 | $0.32 | $0.58 | 65.6% | -8.6% |
| Free Cash Flow | $191M | $93M | $59M | 105.4% | 223.7% |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $948M |
| Other Expenses | $0 |
| Operating Expenses | $948M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $92M |
| EBIT | $196M |
| EBITDA | $288M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $6.4B |
| Cost of Revenue | $5.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $948M |
| Other Expenses | $0 |
| Operating Expenses | $948M |
| Cost & Expenses | $6.2B |
| OPERATING INCOME | $194M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $154M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $116M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $116M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $116M |
| D&A | $92M |
| EBIT | $196M |
| EBITDA | $288M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $116M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | $23M |
| OPERATING CASH FLOW | $240M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$197M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$194M |
| FREE CASH FLOW | $191M |
| Net Change in Cash | $5M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $96M |
| Short-Term Investments | $0 |
| Net Receivables | $1.6B |
| Inventory | $1.3B |
| Other Current Assets | $14M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $1.8B |
| Goodwill | $4.0B |
| Intangible Assets | $304M |
| Long-Term Investments | $0 |
| Tax Assets | $6M |
| Other Non-Current Assets | $184M |
| TOTAL NON-CURRENT ASSETS | $6.3B |
| TOTAL ASSETS | $9.3B |
| Account Payables | $1.5B |
| Short-Term Debt | $243M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $286M |
| Other Non-Current Liabilities | $301M |
| TOTAL NON-CURRENT LIABILITIES | $3.7B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $718M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$96M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $9.3B |
| Total Debt | $3.3B |
| Net Debt | $3.2B |
