| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $355M | $428M | $318M | -17.0% | 11.7% |
| Op. Income | $104M | $171M | $92M | -39.0% | 13.3% |
| Gross Margin | 69.2% | 74.4% | 76.0% | -5.2pp | -6.8pp |
| Net Margin | 21.5% | 26.5% | 22.9% | -5.0pp | -1.4pp |
| EPS (Diluted) | $0.22 | $0.33 | $0.21 | -33.3% | 4.8% |
| Free Cash Flow | -$44M | $93M | -$2M | -147.0% | -2793.7% |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $61M |
| Operating Expenses | $142M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $104M |
| Interest Income | $328M |
| Interest Expense | $108M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $17M |
| EBIT | $104M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $355M |
| Cost of Revenue | $110M |
| GROSS PROFIT | $246M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $81M |
| SG&A Expenses | $81M |
| Other Expenses | $61M |
| Operating Expenses | $142M |
| Cost & Expenses | $251M |
| OPERATING INCOME | $104M |
| Interest Income | $328M |
| Interest Expense | $108M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $104M |
| Income Tax Expense | $28M |
| Net Income from Continuing Ops | $76M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $76M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $17M |
| EBIT | $104M |
| EBITDA | $121M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $76M |
| Depreciation & Amortization | $17M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$147M |
| OPERATING CASH FLOW | -$44M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$184M |
| Sales/Maturities of Investments | $151M |
| Other Investing Activities | -$386M |
| NET CASH FROM INVESTING | -$420M |
| Net Debt Issuance | $625M |
| Common Stock Repurchased | $280.0K |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$134M |
| NET CASH FROM FINANCING | $452M |
| FREE CASH FLOW | -$44M |
| Net Change in Cash | -$11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $455M |
| Short-Term Investments | $39M |
| Net Receivables | $99M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $594M |
| PP&E (Net) | $596M |
| Goodwill | $1.1B |
| Intangible Assets | $71M |
| Long-Term Investments | $29.5B |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $32.4B |
| TOTAL ASSETS | $33.0B |
| Account Payables | $0 |
| Short-Term Debt | $2.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.8B |
| TOTAL CURRENT LIABILITIES | $27.4B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.2B |
| TOTAL LIABILITIES | $29.5B |
| Common Stock | $117M |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | $412M |
| Treasury Stock | -$3M |
| Accum. Other Comp. Income | -$35M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.5B |
| TOTAL LIABILITIES & EQUITY | $33.0B |
| Total Debt | $4.6B |
| Net Debt | $4.1B |
