| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.7B | $2.1B | -23.3% | -0.5% |
| Op. Income | $142M | $247M | $161M | -42.6% | -12.0% |
| Gross Margin | 15.3% | 17.0% | 17.1% | -1.8pp | -1.9pp |
| Net Margin | 3.2% | 7.4% | 3.8% | -4.2pp | -0.6pp |
| EPS (Diluted) | $0.03 | $0.09 | $0.04 | -66.2% | -17.2% |
| Free Cash Flow | $94M | $341M | $258M | -72.4% | -63.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $312M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $170M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $66M |
| Net Income Deductions | $964.7K |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $224M |
| EBIT | $147M |
| EBITDA | $372M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $312M |
| R&D Expenses | $87M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $83M |
| Other Expenses | $0 |
| Operating Expenses | $170M |
| Cost & Expenses | $1.9B |
| OPERATING INCOME | $142M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | -$23M |
| INCOME BEFORE TAX | $119M |
| Income Tax Expense | $45M |
| Net Income from Continuing Ops | $74M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1 |
| NET INCOME | $66M |
| Net Income Deductions | $964.7K |
| BOTTOM LINE NET INCOME | $65M |
| D&A | $224M |
| EBIT | $147M |
| EBITDA | $372M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $224M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$15M |
| Change in Working Capital | $13M |
| OPERATING CASH FLOW | $288M |
| Capital Expenditure | -$194M |
| Acquisitions (Net) | -$40M |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | -$88M |
| NET CASH FROM INVESTING | -$360M |
| Net Debt Issuance | -$16M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $233.2K |
| NET CASH FROM FINANCING | -$6M |
| FREE CASH FLOW | $94M |
| Net Change in Cash | -$63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $334M |
| Net Receivables | $1.4B |
| Inventory | $1.1B |
| Other Current Assets | $186M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $4.3B |
| Goodwill | $0 |
| Intangible Assets | $359M |
| Long-Term Investments | $1.6B |
| Tax Assets | $0 |
| Other Non-Current Assets | $698M |
| TOTAL NON-CURRENT ASSETS | $6.9B |
| TOTAL ASSETS | $11.3B |
| Account Payables | $1.0B |
| Short-Term Debt | $732M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.0B |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $1.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $329M |
| TOTAL NON-CURRENT LIABILITIES | $2.0B |
| TOTAL LIABILITIES | $4.8B |
| Common Stock | $0 |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $0 |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $6.1B |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $405M |
| TOTAL EQUITY | $6.5B |
| TOTAL LIABILITIES & EQUITY | $11.3B |
| Total Debt | $2.4B |
| Net Debt | $994M |
