| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | 2.9% | 8.4% |
| Op. Income | $160M | $159M | $125M | 0.6% | 28.0% |
| Gross Margin | 47.4% | 47.0% | 46.6% | 0.4pp | 0.8pp |
| Net Margin | 11.3% | 10.8% | 6.9% | 0.5pp | 4.4pp |
| EPS (Diluted) | $2.26 | $2.12 | $1.29 | 6.6% | 75.2% |
| Free Cash Flow | $138M | $27M | $135M | 411.1% | 2.2% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $577M |
| GROSS PROFIT | $520M |
| R&D Expenses | $108M |
| Selling & Marketing | $127M |
| General & Administrative | $90M |
| SG&A Expenses | $217M |
| Other Expenses | $35M |
| Operating Expenses | $360M |
| Cost & Expenses | $937M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $48M |
| EBIT | $162M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $577M |
| GROSS PROFIT | $520M |
| R&D Expenses | $108M |
| Selling & Marketing | $127M |
| General & Administrative | $90M |
| SG&A Expenses | $217M |
| Other Expenses | $35M |
| Operating Expenses | $360M |
| Cost & Expenses | $937M |
| OPERATING INCOME | $160M |
| Interest Income | $0 |
| Interest Expense | $33M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $129M |
| Income Tax Expense | $5M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $48M |
| EBIT | $162M |
| EBITDA | $210M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $48M |
| Stock-Based Compensation | $14M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $153M |
| Capital Expenditure | -$15M |
| Acquisitions (Net) | -$87M |
| Purchases of Investments | -$20M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$122M |
| Net Debt Issuance | -$21M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $138M |
| Net Change in Cash | -$34M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $27M |
| Short-Term Investments | $0 |
| Net Receivables | $634M |
| Inventory | $484M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $365M |
| Goodwill | $2.6B |
| Intangible Assets | $323M |
| Long-Term Investments | $0 |
| Tax Assets | $88M |
| Other Non-Current Assets | $115M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.7B |
| Account Payables | $472M |
| Short-Term Debt | $156M |
| Deferred Revenue | $230M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $188M |
| Deferred Tax Liabilities | $1M |
| Other Non-Current Liabilities | $88M |
| TOTAL NON-CURRENT LIABILITIES | $1.9B |
| TOTAL LIABILITIES | $3.1B |
| Common Stock | $1M |
| Additional Paid-In Capital | $314M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$643M |
| Accum. Other Comp. Income | -$40M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $4.7B |
| Total Debt | $1.8B |
| Net Debt | $1.8B |
