| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $761M | $717M | $645M | 6.2% | 18.0% |
| Op. Income | $123M | $104M | $82M | 18.5% | 50.3% |
| Gross Margin | 29.9% | 28.6% | 26.8% | 1.2pp | 3.0pp |
| Net Margin | 13.5% | 8.7% | 8.7% | 4.8pp | 4.8pp |
| EPS (Diluted) | $0.65 | $0.39 | $0.36 | 66.7% | 80.6% |
| Free Cash Flow | -$57M | $19M | $52M | -407.0% | -209.3% |
| Item | Amount |
|---|---|
| REVENUE | $761M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $104M |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $638M |
| OPERATING INCOME | $123M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $41M |
| EBIT | $118M |
| EBITDA | $158M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $761M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $227M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $104M |
| SG&A Expenses | $104M |
| Other Expenses | $0 |
| Operating Expenses | $104M |
| Cost & Expenses | $638M |
| OPERATING INCOME | $123M |
| Interest Income | $3M |
| Interest Expense | $8M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $41M |
| EBIT | $118M |
| EBITDA | $158M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $103M |
| Depreciation & Amortization | $41M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$33M |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | -$38M |
| OPERATING CASH FLOW | -$9M |
| Capital Expenditure | -$48M |
| Acquisitions (Net) | $5M |
| Purchases of Investments | -$11M |
| Sales/Maturities of Investments | $354M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $300M |
| Net Debt Issuance | $496M |
| Common Stock Repurchased | -$585M |
| Common Dividends Paid | -$12M |
| Other Financing Activities | -$525.0K |
| NET CASH FROM FINANCING | -$101M |
| FREE CASH FLOW | -$57M |
| Net Change in Cash | $167M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $143M |
| Net Receivables | $396M |
| Inventory | $480M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $897M |
| Goodwill | $148M |
| Intangible Assets | $71M |
| Long-Term Investments | -$207M |
| Tax Assets | $207M |
| Other Non-Current Assets | $143M |
| TOTAL NON-CURRENT ASSETS | $1.3B |
| TOTAL ASSETS | $3.4B |
| Account Payables | $212M |
| Short-Term Debt | $123.0K |
| Deferred Revenue | $0 |
| Other Current Liabilities | $162M |
| TOTAL CURRENT LIABILITIES | $551M |
| Long-Term Debt | $680M |
| Deferred Revenue NC | $419M |
| Deferred Tax Liabilities | $207M |
| Other Non-Current Liabilities | $499M |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $1.9B |
| Common Stock | $14M |
| Additional Paid-In Capital | $1.6B |
| Retained Earnings | -$217M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $80M |
| TOTAL STOCKHOLDERS' EQUITY | $1.5B |
| Minority Interest | $2M |
| TOTAL EQUITY | $1.5B |
| TOTAL LIABILITIES & EQUITY | $3.4B |
| Total Debt | $680M |
| Net Debt | -$327M |
