| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $773M | $743M | 32.0% | 37.2% |
| Op. Income | $258M | $150M | $122M | 71.9% | 111.4% |
| Gross Margin | 46.6% | 43.0% | 39.6% | 3.7pp | 7.0pp |
| Net Margin | 18.9% | 14.4% | 11.0% | 4.4pp | 7.8pp |
| EPS (Diluted) | $2.52 | $1.43 | $1.05 | 75.5% | 140.6% |
| Free Cash Flow | $270M | -$91M | $162M | 396.4% | 66.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $544M |
| GROSS PROFIT | $475M |
| R&D Expenses | $0 |
| Selling & Marketing | $114M |
| General & Administrative | $33M |
| SG&A Expenses | $147M |
| Other Expenses | $2M |
| Operating Expenses | $217M |
| Cost & Expenses | $762M |
| OPERATING INCOME | $258M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $556.1K |
| INCOME BEFORE TAX | $259M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | -$61M |
| BOTTOM LINE NET INCOME | $253M |
| D&A | $32M |
| EBIT | $264M |
| EBITDA | $296M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $544M |
| GROSS PROFIT | $475M |
| R&D Expenses | $0 |
| Selling & Marketing | $114M |
| General & Administrative | $33M |
| SG&A Expenses | $147M |
| Other Expenses | $2M |
| Operating Expenses | $217M |
| Cost & Expenses | $762M |
| OPERATING INCOME | $258M |
| Interest Income | $0 |
| Interest Expense | $7M |
| Other Income/Expenses | $556.1K |
| INCOME BEFORE TAX | $259M |
| Income Tax Expense | $66M |
| Net Income from Continuing Ops | $192M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $192M |
| Net Income Deductions | -$61M |
| BOTTOM LINE NET INCOME | $253M |
| D&A | $32M |
| EBIT | $264M |
| EBITDA | $296M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $192M |
| Depreciation & Amortization | $32M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $66M |
| Other Non-Cash Items | -$19M |
| Change in Working Capital | $70M |
| OPERATING CASH FLOW | $309M |
| Capital Expenditure | -$38M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$37M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$117M |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$53M |
| NET CASH FROM FINANCING | -$176M |
| FREE CASH FLOW | $270M |
| Net Change in Cash | $98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $221M |
| Short-Term Investments | -$53M |
| Net Receivables | $267M |
| Inventory | $402M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $855M |
| PP&E (Net) | $1.1B |
| Goodwill | $419M |
| Intangible Assets | $291M |
| Long-Term Investments | $31M |
| Tax Assets | $1M |
| Other Non-Current Assets | $17M |
| TOTAL NON-CURRENT ASSETS | $1.9B |
| TOTAL ASSETS | $2.7B |
| Account Payables | $280M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $21M |
| TOTAL CURRENT LIABILITIES | $336M |
| Long-Term Debt | $371M |
| Deferred Revenue NC | $178M |
| Deferred Tax Liabilities | $135M |
| Other Non-Current Liabilities | $12M |
| TOTAL NON-CURRENT LIABILITIES | $696M |
| TOTAL LIABILITIES | $1.0B |
| Common Stock | $294M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $81M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.7B |
| Total Debt | $371M |
| Net Debt | $151M |
