| Metric | Q1 2014 | Q4 2013 | Q1 2013 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $3.3B | $3.9B | 75.1% | 50.1% |
| Op. Income | $3.0B | $215M | $1.3B | 1283.7% | 130.8% |
| Gross Margin | 100.0% | 100.0% | 100.0% | 0.0pp | 0.0pp |
| Net Margin | -44.9% | 28.2% | 11.8% | -73.1pp | -56.8pp |
| EPS (Diluted) | $-5.21 | $1.86 | $0.91 | -380.1% | -672.5% |
| Free Cash Flow | -$772M | -$290M | $793M | -166.2% | -197.4% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $5.8B |
| R&D Expenses | $299M |
| Selling & Marketing | $311M |
| General & Administrative | -$13M |
| SG&A Expenses | $298M |
| Other Expenses | $496M |
| Operating Expenses | $1.1B |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | $3.0B |
| Interest Income | $0 |
| Interest Expense | $183M |
| Other Income/Expenses | -$4.9B |
| INCOME BEFORE TAX | -$2.0B |
| Income Tax Expense | $664M |
| Net Income from Continuing Ops | -$2.6B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.6B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.6B |
| D&A | $1.1B |
| EBIT | -$1.8B |
| EBITDA | -$655M |
| EPS | -$5 |
| EPS Diluted | -$5 |
| Item | Amount |
|---|---|
| Net Income | -$2.6B |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $46M |
| Other Non-Cash Items | $5.8B |
| Change in Working Capital | -$2.7B |
| OPERATING CASH FLOW | $1.7B |
| Capital Expenditure | -$2.5B |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $3.1B |
| NET CASH FROM INVESTING | $559M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$5.9B |
| Common Dividends Paid | -$92M |
| Other Financing Activities | $30M |
| NET CASH FROM FINANCING | -$62M |
| FREE CASH FLOW | -$772M |
| Net Change in Cash | $2.2B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5.9B |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $2.1B |
| TOTAL CURRENT ASSETS | $9.7B |
| PP&E (Net) | $40.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $7.9B |
| TOTAL NON-CURRENT ASSETS | $48.4B |
| TOTAL ASSETS | $58.1B |
| Account Payables | $3.9B |
| Short-Term Debt | $0 |
| Deferred Revenue | $9.3B |
| Other Current Liabilities | -$2.4B |
| TOTAL CURRENT LIABILITIES | $10.9B |
| Long-Term Debt | $13.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $9.3B |
| Other Non-Current Liabilities | $1.8B |
| TOTAL NON-CURRENT LIABILITIES | $24.7B |
| TOTAL LIABILITIES | $39.0B |
| Common Stock | $52M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$279M |
| Other Equity | $7.8B |
| TOTAL STOCKHOLDERS' EQUITY | $19.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.1B |
| TOTAL LIABILITIES & EQUITY | $58.1B |
| Total Debt | $13.6B |
| Net Debt | $7.6B |
