| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | $2.0B | $1.8B | -17.5% | -8.4% |
| Op. Income | $4M | $244M | $1.8B | -98.4% | -99.8% |
| Gross Margin | 102.0% | 100.0% | 100.0% | 2.0pp | 2.0pp |
| Net Margin | -1.8% | 10.2% | 9.2% | -11.9pp | -10.9pp |
| EPS (Diluted) | $-0.32 | $2.25 | $1.84 | -114.2% | -117.4% |
| Free Cash Flow | $866M | $438M | $857M | 97.7% | 1.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | -$57M |
| GROSS PROFIT | $1.7B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.0B |
| Other Expenses | $0 |
| Operating Expenses | $1.7B |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $4M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$43M |
| INCOME BEFORE TAX | -$39M |
| Income Tax Expense | -$4M |
| Net Income from Continuing Ops | -$35M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$29M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$29M |
| D&A | -$4M |
| EBIT | -$23M |
| EBITDA | -$29M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$29M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $476M |
| Change in Working Capital | $306M |
| OPERATING CASH FLOW | $806M |
| Capital Expenditure | $60M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | -$3.8B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$2.0B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | $850M |
| NET CASH FROM FINANCING | $675M |
| FREE CASH FLOW | $866M |
| Net Change in Cash | -$494M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | -$937M |
| Goodwill | $207M |
| Intangible Assets | $1.7B |
| Long-Term Investments | $65M |
| Tax Assets | $872M |
| Other Non-Current Assets | $60.0B |
| TOTAL NON-CURRENT ASSETS | $61.9B |
| TOTAL ASSETS | $63.5B |
| Account Payables | $752M |
| Short-Term Debt | $0 |
| Deferred Revenue | $2.6B |
| Other Current Liabilities | -$3.3B |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $22M |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $2.4B |
| Common Stock | $89M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $48M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $2M |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $7.4B |
| Total Debt | $2.4B |
| Net Debt | $933M |
