| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.3B | $3.7B | $2.9B | -9.4% | 14.3% |
| Op. Income | $270M | $979M | $573M | -72.4% | -52.9% |
| Gross Margin | 91.0% | 79.8% | 100.0% | 11.1pp | -9.0pp |
| Net Margin | 3.0% | 9.8% | 33.3% | -6.8pp | -30.3pp |
| EPS (Diluted) | $0.20 | $0.71 | $1.78 | -71.8% | -88.8% |
| Free Cash Flow | $335M | $33M | -$103M | 915.2% | 425.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $302M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $79M |
| Selling & Marketing | $425M |
| General & Administrative | -$155M |
| SG&A Expenses | $270M |
| Other Expenses | $316M |
| Operating Expenses | $665M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $270M |
| Interest Income | $0 |
| Interest Expense | $242M |
| Other Income/Expenses | $90M |
| INCOME BEFORE TAX | $360M |
| Income Tax Expense | $226M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $1.1B |
| EBIT | $602M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.3B |
| Cost of Revenue | $302M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $79M |
| Selling & Marketing | $425M |
| General & Administrative | -$155M |
| SG&A Expenses | $270M |
| Other Expenses | $316M |
| Operating Expenses | $665M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $270M |
| Interest Income | $0 |
| Interest Expense | $242M |
| Other Income/Expenses | $90M |
| INCOME BEFORE TAX | $360M |
| Income Tax Expense | $226M |
| Net Income from Continuing Ops | $102M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $102M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $102M |
| D&A | $1.1B |
| EBIT | $602M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $102M |
| Depreciation & Amortization | $1.1B |
| Stock-Based Compensation | $188M |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $424M |
| Change in Working Capital | -$217M |
| OPERATING CASH FLOW | $1.6B |
| Capital Expenditure | -$1.3B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$256M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $228M |
| NET CASH FROM INVESTING | -$1.3B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$256M |
| Common Dividends Paid | -$148M |
| Other Financing Activities | -$723M |
| NET CASH FROM FINANCING | -$871M |
| FREE CASH FLOW | $335M |
| Net Change in Cash | -$564M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $0 |
| Net Receivables | $1.5B |
| Inventory | $0 |
| Other Current Assets | $1.0B |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $28.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $34M |
| Other Non-Current Assets | $7.9B |
| TOTAL NON-CURRENT ASSETS | $36.6B |
| TOTAL ASSETS | $40.4B |
| Account Payables | $2.0B |
| Short-Term Debt | $947M |
| Deferred Revenue | $31M |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $4.7B |
| Long-Term Debt | $15.5B |
| Deferred Revenue NC | $119M |
| Deferred Tax Liabilities | $2.4B |
| Other Non-Current Liabilities | $4.0B |
| TOTAL NON-CURRENT LIABILITIES | $22.0B |
| TOTAL LIABILITIES | $31.9B |
| Common Stock | $57M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$335M |
| Other Equity | $7.5B |
| TOTAL STOCKHOLDERS' EQUITY | $8.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.5B |
| TOTAL LIABILITIES & EQUITY | $40.4B |
| Total Debt | $16.4B |
| Net Debt | $15.1B |