| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $2.2B | — | -6.7% | — |
| Op. Income | $46M | $297M | — | -84.5% | — |
| Gross Margin | 24.2% | 30.4% | — | -6.2pp | — |
| Net Margin | 1.1% | 9.8% | — | -8.7pp | — |
| EPS (Diluted) | $0.19 | $1.75 | — | -89.1% | — |
| Free Cash Flow | -$197M | $129M | — | -252.7% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $499M |
| R&D Expenses | $0 |
| Selling & Marketing | $81M |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $372M |
| Operating Expenses | $453M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $46M |
| Interest Income | $9M |
| Interest Expense | $16M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $108M |
| EBIT | $137M |
| EBITDA | $245M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.6B |
| GROSS PROFIT | $499M |
| R&D Expenses | $0 |
| Selling & Marketing | $81M |
| General & Administrative | $0 |
| SG&A Expenses | $81M |
| Other Expenses | $372M |
| Operating Expenses | $453M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $46M |
| Interest Income | $9M |
| Interest Expense | $16M |
| Other Income/Expenses | -$10M |
| INCOME BEFORE TAX | $36M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | $23M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $23M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $23M |
| D&A | $108M |
| EBIT | $137M |
| EBITDA | $245M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $23M |
| Depreciation & Amortization | $108M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $0 |
| Change in Working Capital | $65M |
| OPERATING CASH FLOW | $209M |
| Capital Expenditure | -$406M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$162M |
| Sales/Maturities of Investments | $259M |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$298M |
| Net Debt Issuance | $76M |
| Common Stock Repurchased | -$13M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | $19M |
| FREE CASH FLOW | -$197M |
| Net Change in Cash | -$70M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $105M |
| Short-Term Investments | $1.1B |
| Net Receivables | $366M |
| Inventory | $60M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $6.8B |
| Goodwill | $1.9B |
| Intangible Assets | $127M |
| Long-Term Investments | -$512M |
| Tax Assets | $512M |
| Other Non-Current Assets | $274M |
| TOTAL NON-CURRENT ASSETS | $9.1B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $132M |
| Short-Term Debt | $486M |
| Deferred Revenue | $788M |
| Other Current Liabilities | $1.5B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $1.2B |
| Deferred Tax Liabilities | $512M |
| Other Non-Current Liabilities | $921M |
| TOTAL NON-CURRENT LIABILITIES | $4.2B |
| TOTAL LIABILITIES | $7.2B |
| Common Stock | $1M |
| Additional Paid-In Capital | $232M |
| Retained Earnings | $4.5B |
| Treasury Stock | -$568M |
| Accum. Other Comp. Income | -$448M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $2.1B |
| Net Debt | $2.0B |
