| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $987M | -7.0% | 23.8% |
| Op. Income | $72M | $4M | $16M | 1917.5% | 343.2% |
| Gross Margin | 27.1% | 18.2% | 19.3% | 8.9pp | 7.9pp |
| Net Margin | 6.0% | -2.1% | 2.0% | 8.1pp | 4.0pp |
| EPS (Diluted) | $0.75 | $-0.33 | $0.23 | 327.3% | 226.1% |
| Free Cash Flow | -$88M | -$17M | -$26M | -405.4% | -237.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $891M |
| GROSS PROFIT | $332M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $170M |
| SG&A Expenses | $170M |
| Other Expenses | $90M |
| Operating Expenses | $260M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $11M |
| EBIT | $89M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $891M |
| GROSS PROFIT | $332M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $170M |
| SG&A Expenses | $170M |
| Other Expenses | $90M |
| Operating Expenses | $260M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $72M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $11M |
| EBIT | $89M |
| EBITDA | $100M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | -$1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | -$234M |
| OPERATING CASH FLOW | -$88M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $3.1B |
| Other Investing Activities | -$40M |
| NET CASH FROM INVESTING | $418M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$35M |
| Other Financing Activities | -$7M |
| NET CASH FROM FINANCING | -$53M |
| FREE CASH FLOW | -$88M |
| Net Change in Cash | $281M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $12.3B |
| Net Receivables | $7.1B |
| Inventory | $0 |
| Other Current Assets | -$21.7B |
| TOTAL CURRENT ASSETS | $18.9B |
| PP&E (Net) | $0 |
| Goodwill | $102M |
| Intangible Assets | $254M |
| Long-Term Investments | $12.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$6.6B |
| TOTAL NON-CURRENT ASSETS | $6.2B |
| TOTAL ASSETS | $25.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | -$1.4B |
| Other Current Liabilities | -$1.4B |
| TOTAL CURRENT LIABILITIES | $18.4B |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.4B |
| TOTAL LIABILITIES | $19.8B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.1B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | -$85M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $25.1B |
| Total Debt | $1.4B |
| Net Debt | $149M |
