| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.2B | -1.9% | 2.6% |
| Op. Income | $108M | -$210M | $72M | 151.4% | 49.4% |
| Gross Margin | 26.3% | -0.7% | 27.1% | 27.0pp | -0.8pp |
| Net Margin | 8.7% | -14.7% | 6.0% | 23.4pp | 2.7pp |
| EPS (Diluted) | $1.16 | $-2.25 | $0.75 | 151.6% | 54.7% |
| Free Cash Flow | -$58M | -$120M | -$88M | 52.1% | 34.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $924M |
| GROSS PROFIT | $330M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $175M |
| SG&A Expenses | $175M |
| Other Expenses | $47M |
| Operating Expenses | $222M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $108M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $24M |
| EBIT | $124M |
| EBITDA | $147M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $924M |
| GROSS PROFIT | $330M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $175M |
| SG&A Expenses | $175M |
| Other Expenses | $47M |
| Operating Expenses | $222M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $108M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $108M |
| Income Tax Expense | -$1M |
| Net Income from Continuing Ops | $109M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $109M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $98M |
| D&A | $24M |
| EBIT | $124M |
| EBITDA | $147M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $109M |
| Depreciation & Amortization | $24M |
| Stock-Based Compensation | -$4M |
| Deferred Income Tax | -$16M |
| Other Non-Cash Items | $13M |
| Change in Working Capital | -$184M |
| OPERATING CASH FLOW | -$58M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $2.5B |
| Other Investing Activities | -$27M |
| NET CASH FROM INVESTING | -$103M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$36M |
| Other Financing Activities | -$9M |
| NET CASH FROM FINANCING | -$56M |
| FREE CASH FLOW | -$58M |
| Net Change in Cash | -$224M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $11.9B |
| Net Receivables | $7.6B |
| Inventory | $0 |
| Other Current Assets | -$22.0B |
| TOTAL CURRENT ASSETS | $18.4B |
| PP&E (Net) | $144M |
| Goodwill | $102M |
| Intangible Assets | $239M |
| Long-Term Investments | $12.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.7B |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $25.6B |
| Account Payables | $1.4B |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.6B |
| TOTAL CURRENT LIABILITIES | $18.9B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $18.8B |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $20.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $6.0B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | $29M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $25.6B |
| Total Debt | $1.5B |
| Net Debt | $335M |
