| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $759M | $653M | $548M | 16.2% | 38.4% |
| Op. Income | $103M | $71M | $70M | 46.1% | 47.1% |
| Gross Margin | 25.3% | 24.6% | 26.8% | 0.7pp | -1.5pp |
| Net Margin | 10.2% | 7.5% | 7.0% | 2.7pp | 3.2pp |
| EPS (Diluted) | $1.20 | $0.77 | $0.60 | 55.8% | 100.0% |
| Free Cash Flow | $33M | $53M | $29M | -37.7% | 13.8% |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $567M |
| GROSS PROFIT | $192M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $655M |
| OPERATING INCOME | $103M |
| Interest Income | $294.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $37M |
| EBIT | $103M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $759M |
| Cost of Revenue | $567M |
| GROSS PROFIT | $192M |
| R&D Expenses | $44M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $54M |
| Other Expenses | $0 |
| Operating Expenses | $98M |
| Cost & Expenses | $655M |
| OPERATING INCOME | $103M |
| Interest Income | $294.0K |
| Interest Expense | $11M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $37M |
| EBIT | $103M |
| EBITDA | $140M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$3M |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$58M |
| OPERATING CASH FLOW | $56M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $22.0K |
| Purchases of Investments | -$23.0K |
| Sales/Maturities of Investments | $10M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$13M |
| Net Debt Issuance | -$20M |
| Common Stock Repurchased | -$39M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$49M |
| FREE CASH FLOW | $33M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $65M |
| Short-Term Investments | $0 |
| Net Receivables | $606M |
| Inventory | $534M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $1.1B |
| Goodwill | $804M |
| Intangible Assets | $646M |
| Long-Term Investments | $7M |
| Tax Assets | $15M |
| Other Non-Current Assets | $185M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $4.0B |
| Account Payables | $260M |
| Short-Term Debt | $160M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $95M |
| TOTAL CURRENT LIABILITIES | $643M |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $331M |
| Deferred Tax Liabilities | $163M |
| Other Non-Current Liabilities | $136M |
| TOTAL NON-CURRENT LIABILITIES | $1.6B |
| TOTAL LIABILITIES | $2.3B |
| Common Stock | $106.0K |
| Additional Paid-In Capital | $205M |
| Retained Earnings | $2.1B |
| Treasury Stock | -$559M |
| Accum. Other Comp. Income | -$65M |
| Other Equity | $9M |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $4.0B |
| Total Debt | $1.2B |
| Net Debt | $1.1B |
