| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $792M | $668M | $613M | 18.6% | 29.2% |
| Op. Income | $218M | $111M | $174M | 96.4% | 25.6% |
| Gross Margin | 32.6% | 27.5% | 34.7% | 5.1pp | -2.1pp |
| Net Margin | 25.1% | 14.9% | 35.5% | 10.2pp | -10.5pp |
| EPS (Diluted) | $0.25 | $0.13 | $0.30 | 98.9% | -16.4% |
| Free Cash Flow | $65M | $92M | $216M | -30.3% | -70.1% |
| Item | Amount |
|---|---|
| REVENUE | $792M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | -$4M |
| Operating Expenses | $40M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $218M |
| Interest Income | $21M |
| Interest Expense | $0 |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $146 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $0 |
| EBIT | $242M |
| EBITDA | $242M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $792M |
| Cost of Revenue | $534M |
| GROSS PROFIT | $258M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $45M |
| Other Expenses | -$4M |
| Operating Expenses | $40M |
| Cost & Expenses | $574M |
| OPERATING INCOME | $218M |
| Interest Income | $21M |
| Interest Expense | $0 |
| Other Income/Expenses | $24M |
| INCOME BEFORE TAX | $242M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $199M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $146 |
| NET INCOME | $199M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $199M |
| D&A | $0 |
| EBIT | $242M |
| EBITDA | $242M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $199M |
| Depreciation & Amortization | $44M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $92M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $291M |
| Capital Expenditure | -$227M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $219M |
| NET CASH FROM INVESTING | $219M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$184M |
| Common Dividends Paid | -$185M |
| Other Financing Activities | -$364M |
| NET CASH FROM FINANCING | -$364M |
| FREE CASH FLOW | $65M |
| Net Change in Cash | $149M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.0B |
| Short-Term Investments | $1.4B |
| Net Receivables | $84M |
| Inventory | $5M |
| Other Current Assets | $86M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $1.5B |
| Goodwill | $619M |
| Intangible Assets | $324M |
| Long-Term Investments | $321M |
| Tax Assets | $47M |
| Other Non-Current Assets | $174M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $5.9B |
| Account Payables | $173M |
| Short-Term Debt | $0 |
| Deferred Revenue | $132M |
| Other Current Liabilities | $399M |
| TOTAL CURRENT LIABILITIES | $775M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $13M |
| TOTAL NON-CURRENT LIABILITIES | $92M |
| TOTAL LIABILITIES | $868M |
| Common Stock | $75.7K |
| Additional Paid-In Capital | $3.3B |
| Retained Earnings | $1.9B |
| Treasury Stock | -$210M |
| Accum. Other Comp. Income | $76M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $11M |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $5.9B |
| Total Debt | $90M |
| Net Debt | -$948M |
