| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.1B | — | 4.5% | — |
| Op. Income | $466M | $444M | — | 5.1% | — |
| Gross Margin | 32.1% | 32.3% | — | -0.2pp | — |
| Net Margin | 15.2% | 14.9% | — | 0.3pp | — |
| EPS (Diluted) | $0.28 | $0.26 | — | 7.7% | — |
| Free Cash Flow | $276M | $265M | — | 4.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $715M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $249M |
| Other Expenses | $0 |
| Operating Expenses | $249M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $466M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $432M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $341M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $338M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $338M |
| D&A | $105M |
| EBIT | $458M |
| EBITDA | $564M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $715M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $249M |
| Other Expenses | $0 |
| Operating Expenses | $249M |
| Cost & Expenses | $1.8B |
| OPERATING INCOME | $466M |
| Interest Income | $0 |
| Interest Expense | $26M |
| Other Income/Expenses | -$34M |
| INCOME BEFORE TAX | $432M |
| Income Tax Expense | $91M |
| Net Income from Continuing Ops | $341M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $338M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $338M |
| D&A | $105M |
| EBIT | $458M |
| EBITDA | $564M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $338M |
| Depreciation & Amortization | $105M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$113M |
| OPERATING CASH FLOW | $378M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | $102M |
| Purchases of Investments | -$17M |
| Sales/Maturities of Investments | $27M |
| Other Investing Activities | -$101M |
| NET CASH FROM INVESTING | -$92M |
| Net Debt Issuance | $321M |
| Common Stock Repurchased | -$255M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$2M |
| FREE CASH FLOW | $276M |
| Net Change in Cash | $281M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.3B |
| Short-Term Investments | $12M |
| Net Receivables | $1.8B |
| Inventory | $1.2B |
| Other Current Assets | $254M |
| TOTAL CURRENT ASSETS | $4.6B |
| PP&E (Net) | $876M |
| Goodwill | $4.1B |
| Intangible Assets | $494M |
| Long-Term Investments | $0 |
| Tax Assets | $79M |
| Other Non-Current Assets | $18M |
| TOTAL NON-CURRENT ASSETS | $5.5B |
| TOTAL ASSETS | $10.0B |
| Account Payables | $891M |
| Short-Term Debt | $764M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $436M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $256M |
| Other Non-Current Liabilities | $467M |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $3.0B |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$390M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $47M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $10.0B |
| Total Debt | $3.6B |
| Net Debt | $2.3B |
