| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.2B | $1.2B | -0.1% | -2.6% |
| Op. Income | $393M | $403M | $421M | -2.3% | -6.6% |
| Gross Margin | 70.1% | 71.6% | 71.9% | -1.5pp | -1.8pp |
| Net Margin | 22.9% | 24.1% | 24.8% | -1.3pp | -1.9pp |
| EPS (Diluted) | $3.47 | $3.67 | $3.86 | -5.4% | -10.1% |
| Free Cash Flow | -$3.1B | $510M | -$1.7B | -701.8% | -81.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $361M |
| GROSS PROFIT | $847M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $222M |
| SG&A Expenses | $222M |
| Other Expenses | $232M |
| Operating Expenses | $454M |
| Cost & Expenses | $815M |
| OPERATING INCOME | $393M |
| Interest Income | $867M |
| Interest Expense | $228M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $393M |
| Income Tax Expense | $111M |
| NET INCOME | $276M |
| D&A | $24M |
| EBIT | $393M |
| EBITDA | $417M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $361M |
| GROSS PROFIT | $847M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $222M |
| SG&A Expenses | $222M |
| Other Expenses | $232M |
| Operating Expenses | $454M |
| Cost & Expenses | $815M |
| OPERATING INCOME | $393M |
| Interest Income | $867M |
| Interest Expense | $228M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $393M |
| Income Tax Expense | $111M |
| NET INCOME | $276M |
| D&A | $24M |
| EBIT | $393M |
| EBITDA | $417M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $276M |
| Depreciation & Amortization | $26M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.1B |
| Change in Working Capital | -$4.5B |
| OPERATING CASH FLOW | -$3.0B |
| Capital Expenditure | -$21M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$17M |
| NET CASH FROM INVESTING | -$38M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$8M |
| Other Financing Activities | $3.5B |
| NET CASH FROM FINANCING | $3.4B |
| FREE CASH FLOW | -$3.1B |
| Net Change in Cash | $562M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $6.4B |
| Short-Term Investments | $6.9B |
| Net Receivables | $830M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $14.2B |
| PP&E (Net) | $461M |
| Goodwill | $171M |
| Intangible Assets | $423M |
| Long-Term Investments | $33.7B |
| Tax Assets | $134M |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $37.0B |
| TOTAL ASSETS | $51.2B |
| Account Payables | $445M |
| Short-Term Debt | $2.7B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $30.3B |
| TOTAL CURRENT LIABILITIES | $33.7B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $31M |
| Other Non-Current Liabilities | $3.6B |
| TOTAL NON-CURRENT LIABILITIES | $10.5B |
| TOTAL LIABILITIES | $44.2B |
| Common Stock | $381M |
| Additional Paid-In Capital | $71M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$60M |
| Accum. Other Comp. Income | $205M |
| Other Equity | $5.1B |
| TOTAL STOCKHOLDERS' EQUITY | $6.9B |
| Minority Interest | $123M |
| TOTAL EQUITY | $7.0B |
| TOTAL LIABILITIES & EQUITY | $51.2B |
| Total Debt | $9.6B |
| Net Debt | $3.2B |
