| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $358M | $448M | $356M | -20.1% | 0.7% |
| Op. Income | $90M | $69M | $111M | 30.5% | -18.6% |
| Gross Margin | 60.6% | 70.5% | 76.6% | -9.9pp | -16.1pp |
| Net Margin | 18.4% | 11.7% | 24.0% | 6.7pp | -5.5pp |
| EPS (Diluted) | $0.65 | $0.50 | $0.77 | 30.0% | -15.6% |
| Free Cash Flow | $66M | $367M | $124M | -82.0% | -46.7% |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $57M |
| Operating Expenses | $127M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $90M |
| Interest Income | $322M |
| Interest Expense | $131M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $18M |
| EBIT | $90M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $358M |
| Cost of Revenue | $141M |
| GROSS PROFIT | $217M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $69M |
| SG&A Expenses | $69M |
| Other Expenses | $57M |
| Operating Expenses | $127M |
| Cost & Expenses | $268M |
| OPERATING INCOME | $90M |
| Interest Income | $322M |
| Interest Expense | $131M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $90M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $66M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $66M |
| Net Income Deductions | -$5.0K |
| BOTTOM LINE NET INCOME | $63M |
| D&A | $18M |
| EBIT | $90M |
| EBITDA | $108M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $66M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | -$2M |
| Other Non-Cash Items | $70M |
| Change in Working Capital | -$70M |
| OPERATING CASH FLOW | $89M |
| Capital Expenditure | -$22M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.3B |
| Sales/Maturities of Investments | $1.1B |
| Other Investing Activities | -$457M |
| NET CASH FROM INVESTING | -$609M |
| Net Debt Issuance | $230M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$22M |
| Other Financing Activities | $212M |
| NET CASH FROM FINANCING | $380M |
| FREE CASH FLOW | $66M |
| Net Change in Cash | -$141M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $241M |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $241M |
| PP&E (Net) | $710M |
| Goodwill | $78M |
| Intangible Assets | $0 |
| Long-Term Investments | $30.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $749M |
| TOTAL NON-CURRENT ASSETS | $32.5B |
| TOTAL ASSETS | $32.7B |
| Account Payables | $0 |
| Short-Term Debt | $175M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $23.7B |
| TOTAL CURRENT LIABILITIES | $23.9B |
| Long-Term Debt | $5.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $497M |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $29.8B |
| Common Stock | $984.0K |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $1.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $641.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.9B |
| TOTAL LIABILITIES & EQUITY | $32.7B |
| Total Debt | $5.6B |
| Net Debt | $5.4B |
