| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $1.3B | -3.3% | -2.7% |
| Op. Income | -$210M | $49M | $4M | -528.7% | -5961.3% |
| Gross Margin | -0.7% | 21.0% | 18.2% | -21.7pp | -18.9pp |
| Net Margin | -14.7% | 4.1% | -2.1% | -18.8pp | -12.6pp |
| EPS (Diluted) | $-2.25 | $0.52 | $-0.33 | -532.7% | -581.8% |
| Free Cash Flow | -$120M | $174M | -$17M | -169.3% | -592.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | -$9M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $137M |
| SG&A Expenses | $137M |
| Other Expenses | $64M |
| Operating Expenses | $201M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | -$210M |
| Interest Income | $0 |
| Interest Expense | $17M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$210M |
| Income Tax Expense | -$26M |
| Net Income from Continuing Ops | -$188M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$188M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$198M |
| D&A | -$23M |
| EBIT | -$193M |
| EBITDA | -$216M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$188M |
| Depreciation & Amortization | -$23M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $77M |
| Other Non-Cash Items | $23M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | -$120M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $2.1B |
| Other Investing Activities | $26M |
| NET CASH FROM INVESTING | $229M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$45M |
| FREE CASH FLOW | -$120M |
| Net Change in Cash | $78M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $11.6B |
| Net Receivables | $6.9B |
| Inventory | $0 |
| Other Current Assets | -$20.7B |
| TOTAL CURRENT ASSETS | $17.4B |
| PP&E (Net) | $0 |
| Goodwill | $102M |
| Intangible Assets | $242M |
| Long-Term Investments | $12.1B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$5.7B |
| TOTAL NON-CURRENT ASSETS | $6.7B |
| TOTAL ASSETS | $24.1B |
| Account Payables | $1.3B |
| Short-Term Debt | $0 |
| Deferred Revenue | -$1.3B |
| Other Current Liabilities | -$1.3B |
| TOTAL CURRENT LIABILITIES | $17.8B |
| Long-Term Debt | $1.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $16.4B |
| TOTAL NON-CURRENT LIABILITIES | $1.3B |
| TOTAL LIABILITIES | $19.1B |
| Common Stock | $2M |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | $5.9B |
| Treasury Stock | -$3.8B |
| Accum. Other Comp. Income | -$177M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $24.1B |
| Total Debt | $1.3B |
| Net Debt | -$488M |
