| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $638M | $745M | $668M | -14.3% | -4.4% |
| Op. Income | $153M | $267M | $192M | -42.7% | -20.6% |
| Gross Margin | 61.4% | 67.2% | 62.2% | -5.8pp | -0.8pp |
| Net Margin | 17.9% | 25.7% | 24.0% | -7.8pp | -6.1pp |
| EPS (Diluted) | $0.23 | $0.36 | $0.32 | -36.9% | -28.4% |
| Free Cash Flow | $1.1B | -$1.0B | $111M | 212.6% | 923.1% |
| Item | Amount |
|---|---|
| REVENUE | $638M |
| Cost of Revenue | $246M |
| GROSS PROFIT | $392M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $206M |
| SG&A Expenses | $214M |
| Other Expenses | $26M |
| Operating Expenses | $239M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $153M |
| Interest Income | $485M |
| Interest Expense | $146M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $19M |
| EBIT | $153M |
| EBITDA | $172M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $638M |
| Cost of Revenue | $246M |
| GROSS PROFIT | $392M |
| R&D Expenses | $0 |
| Selling & Marketing | $7M |
| General & Administrative | $206M |
| SG&A Expenses | $214M |
| Other Expenses | $26M |
| Operating Expenses | $239M |
| Cost & Expenses | $486M |
| OPERATING INCOME | $153M |
| Interest Income | $485M |
| Interest Expense | $146M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $153M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $114M |
| D&A | $19M |
| EBIT | $153M |
| EBITDA | $172M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$1M |
| Other Non-Cash Items | $145M |
| Change in Working Capital | $878M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$20M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$298M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$325M |
| Net Debt Issuance | -$40M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$401M |
| Other Financing Activities | -$166M |
| NET CASH FROM FINANCING | -$608M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $232M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.3B |
| Short-Term Investments | $1.5B |
| Net Receivables | $118M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $4.0B |
| PP&E (Net) | $530M |
| Goodwill | $0 |
| Intangible Assets | $60M |
| Long-Term Investments | $33.4B |
| Tax Assets | $311M |
| Other Non-Current Assets | $2.3B |
| TOTAL NON-CURRENT ASSETS | $36.6B |
| TOTAL ASSETS | $40.6B |
| Account Payables | $227M |
| Short-Term Debt | $316M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.5B |
| TOTAL CURRENT LIABILITIES | $24.0B |
| Long-Term Debt | $9.9B |
| Deferred Revenue NC | $6M |
| Deferred Tax Liabilities | $28.1K |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $12.9B |
| TOTAL LIABILITIES | $36.9B |
| Common Stock | $2.7B |
| Additional Paid-In Capital | $2.7B |
| Retained Earnings | $306M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.7B |
| Minority Interest | $1.1K |
| TOTAL EQUITY | $3.7B |
| TOTAL LIABILITIES & EQUITY | $40.6B |
| Total Debt | $10.4B |
| Net Debt | $8.0B |
