| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $4.1B | $3.6B | -31.5% | -21.9% |
| Op. Income | $920M | $2.5B | $750M | -63.7% | 22.6% |
| Gross Margin | 100.0% | 100.0% | -53.9% | 0.0pp | 153.9pp |
| Net Margin | 32.3% | 21.8% | 21.8% | 10.5pp | 10.5pp |
| EPS (Diluted) | $0.08 | $0.08 | $0.14 | 0.0% | -38.2% |
| Free Cash Flow | -$9.5B | $838M | -$697M | -1229.9% | -1258.3% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $948M |
| General & Administrative | $960M |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $2.6B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $920M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$691M |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | -$691M |
| Net Income from Continuing Ops | $920M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $912M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $912M |
| D&A | -$183M |
| EBIT | $230M |
| EBITDA | $553M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $0 |
| GROSS PROFIT | $2.8B |
| R&D Expenses | $0 |
| Selling & Marketing | $948M |
| General & Administrative | $960M |
| SG&A Expenses | $1.9B |
| Other Expenses | $0 |
| Operating Expenses | $2.6B |
| Cost & Expenses | $2.6B |
| OPERATING INCOME | $920M |
| Interest Income | $0 |
| Interest Expense | $0 |
| Other Income/Expenses | -$691M |
| INCOME BEFORE TAX | $230M |
| Income Tax Expense | -$691M |
| Net Income from Continuing Ops | $920M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $912M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $912M |
| D&A | -$183M |
| EBIT | $230M |
| EBITDA | $553M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $912M |
| Depreciation & Amortization | $194M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.5B |
| Change in Working Capital | -$12.0B |
| OPERATING CASH FLOW | -$9.4B |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4.5B |
| NET CASH FROM INVESTING | -$4.5B |
| Net Debt Issuance | $348M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$62M |
| Other Financing Activities | $5.5B |
| NET CASH FROM FINANCING | $5.8B |
| FREE CASH FLOW | -$9.5B |
| Net Change in Cash | -$8.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $21.5B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $21.5B |
| PP&E (Net) | $1.5B |
| Goodwill | $1.2B |
| Intangible Assets | $1.5B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $224.0B |
| TOTAL NON-CURRENT ASSETS | $228.2B |
| TOTAL ASSETS | $249.7B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$904M |
| TOTAL CURRENT LIABILITIES | $904M |
| Long-Term Debt | $27.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $199.4B |
| TOTAL NON-CURRENT LIABILITIES | $225.9B |
| TOTAL LIABILITIES | $226.8B |
| Common Stock | $13.5B |
| Additional Paid-In Capital | $2M |
| Retained Earnings | $9.5B |
| Treasury Stock | -$89M |
| Accum. Other Comp. Income | -$194M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $22.8B |
| Minority Interest | $121M |
| TOTAL EQUITY | $22.9B |
| TOTAL LIABILITIES & EQUITY | $249.7B |
| Total Debt | $28.0B |
| Net Debt | $6.5B |
