| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.3B | $1.6B | 5.3% | 49.9% |
| Op. Income | $217M | $43M | $137M | 405.8% | 59.0% |
| Gross Margin | 42.7% | 35.1% | 53.0% | 7.6pp | -10.4pp |
| Net Margin | 6.8% | 1.1% | 6.5% | 5.7pp | 0.3pp |
| EPS (Diluted) | $2.52 | $0.32 | $1.96 | 687.5% | 28.6% |
| Free Cash Flow | $214M | $178M | -$92M | 20.3% | 332.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $819M |
| Operating Expenses | $819M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $217M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $30M |
| EBIT | $244M |
| EBITDA | $273M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $819M |
| Operating Expenses | $819M |
| Cost & Expenses | $2.2B |
| OPERATING INCOME | $217M |
| Interest Income | $0 |
| Interest Expense | $27M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $217M |
| Income Tax Expense | $48M |
| Net Income from Continuing Ops | $169M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $166M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $161M |
| D&A | $30M |
| EBIT | $244M |
| EBITDA | $273M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $166M |
| Depreciation & Amortization | $30M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | -$82M |
| Change in Working Capital | $85M |
| OPERATING CASH FLOW | $247M |
| Capital Expenditure | -$32M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$1.4B |
| Sales/Maturities of Investments | $957M |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$447M |
| Net Debt Issuance | $290M |
| Common Stock Repurchased | -$50M |
| Common Dividends Paid | -$37M |
| Other Financing Activities | $23M |
| NET CASH FROM FINANCING | $221M |
| FREE CASH FLOW | $214M |
| Net Change in Cash | $20M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $12.2B |
| Net Receivables | $10.8B |
| Inventory | $0 |
| Other Current Assets | -$24.2B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $410M |
| Goodwill | $2.3B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $14.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$20.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $42.2B |
| Account Payables | $3.1B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$3.4B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $2.0B |
| Deferred Revenue NC | $45M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$2.1B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $36.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $4.5B |
| Retained Earnings | $5.9B |
| Treasury Stock | -$5.0B |
| Accum. Other Comp. Income | $103M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $31M |
| TOTAL EQUITY | $5.5B |
| TOTAL LIABILITIES & EQUITY | $42.2B |
| Total Debt | $2.0B |
| Net Debt | $732M |
