| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $591M | $557M | $569M | 6.1% | 3.9% |
| Op. Income | $96M | $87M | $100M | 10.3% | -4.0% |
| Gross Margin | 34.3% | 32.9% | 36.4% | 1.5pp | -2.0pp |
| Net Margin | 10.7% | 9.5% | 11.8% | 1.1pp | -1.1pp |
| EPS (Diluted) | $0.33 | $0.28 | $0.33 | 17.9% | 0.0% |
| Free Cash Flow | $28M | $58M | $72M | -51.7% | -61.1% |
| Item | Amount |
|---|---|
| REVENUE | $591M |
| Cost of Revenue | $388M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $501M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $14M |
| EBIT | $98M |
| EBITDA | $112M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $591M |
| Cost of Revenue | $388M |
| GROSS PROFIT | $203M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $113M |
| Other Expenses | $0 |
| Operating Expenses | $113M |
| Cost & Expenses | $501M |
| OPERATING INCOME | $96M |
| Interest Income | $0 |
| Interest Expense | $19M |
| Other Income/Expenses | -$16M |
| INCOME BEFORE TAX | $80M |
| Income Tax Expense | $17M |
| Net Income from Continuing Ops | $63M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $63M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $14M |
| EBIT | $98M |
| EBITDA | $112M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $63M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$1M |
| Change in Working Capital | -$29M |
| OPERATING CASH FLOW | $49M |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | -$5M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $5M |
| FREE CASH FLOW | $28M |
| Net Change in Cash | $26M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $114M |
| Short-Term Investments | $0 |
| Net Receivables | $368M |
| Inventory | $192M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $733M |
| PP&E (Net) | $441M |
| Goodwill | $404M |
| Intangible Assets | $74M |
| Long-Term Investments | $34M |
| Tax Assets | $125M |
| Other Non-Current Assets | $103M |
| TOTAL NON-CURRENT ASSETS | $1.2B |
| TOTAL ASSETS | $1.9B |
| Account Payables | $154M |
| Short-Term Debt | $30M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $206M |
| TOTAL CURRENT LIABILITIES | $390M |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $504M |
| TOTAL NON-CURRENT LIABILITIES | $1.8B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $2M |
| Additional Paid-In Capital | $10M |
| Retained Earnings | -$336M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $26M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$298M |
| Minority Interest | $0 |
| TOTAL EQUITY | -$298M |
| TOTAL LIABILITIES & EQUITY | $1.9B |
| Total Debt | $1.3B |
| Net Debt | $1.2B |
