| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.8B | $1.7B | -7.5% | -4.3% |
| Op. Income | $329M | $324M | $347M | 1.7% | -4.9% |
| Gross Margin | 34.8% | 32.5% | 35.8% | 2.3pp | -1.0pp |
| Net Margin | 16.3% | 18.9% | 16.3% | -2.6pp | 0.0pp |
| EPS (Diluted) | $0.34 | $0.43 | $0.35 | -20.0% | -3.6% |
| Free Cash Flow | $275M | $338M | $91M | -18.7% | 202.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $565M |
| R&D Expenses | $29M |
| Selling & Marketing | $171M |
| General & Administrative | $37M |
| SG&A Expenses | $208M |
| Other Expenses | $0 |
| Operating Expenses | $236M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $329M |
| Interest Income | $2M |
| Interest Expense | $818.5K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $334M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $268M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $3M |
| NET INCOME | $265M |
| Net Income Deductions | $43.6K |
| BOTTOM LINE NET INCOME | $265M |
| D&A | $277M |
| EBIT | $335M |
| EBITDA | $612M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.1B |
| GROSS PROFIT | $565M |
| R&D Expenses | $29M |
| Selling & Marketing | $171M |
| General & Administrative | $37M |
| SG&A Expenses | $208M |
| Other Expenses | $0 |
| Operating Expenses | $236M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $329M |
| Interest Income | $2M |
| Interest Expense | $818.5K |
| Other Income/Expenses | $5M |
| INCOME BEFORE TAX | $334M |
| Income Tax Expense | $64M |
| Net Income from Continuing Ops | $268M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $3M |
| NET INCOME | $265M |
| Net Income Deductions | $43.6K |
| BOTTOM LINE NET INCOME | $265M |
| D&A | $277M |
| EBIT | $335M |
| EBITDA | $612M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $334M |
| Depreciation & Amortization | $277M |
| Stock-Based Compensation | $13.6K |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$198M |
| OPERATING CASH FLOW | $419M |
| Capital Expenditure | -$144M |
| Acquisitions (Net) | $421.6K |
| Purchases of Investments | -$50M |
| Sales/Maturities of Investments | $125M |
| Other Investing Activities | -$19M |
| NET CASH FROM INVESTING | -$86M |
| Net Debt Issuance | -$30M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $806.4K |
| NET CASH FROM FINANCING | -$29M |
| FREE CASH FLOW | $275M |
| Net Change in Cash | $304M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $227M |
| Net Receivables | $1.0B |
| Inventory | $524M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $9.4B |
| Goodwill | $7M |
| Intangible Assets | $1.6B |
| Long-Term Investments | $358M |
| Tax Assets | $113M |
| Other Non-Current Assets | $653M |
| TOTAL NON-CURRENT ASSETS | $12.1B |
| TOTAL ASSETS | $15.2B |
| Account Payables | $473M |
| Short-Term Debt | $6M |
| Deferred Revenue | $393M |
| Other Current Liabilities | $449M |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $571M |
| TOTAL NON-CURRENT LIABILITIES | $822M |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $5.4B |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $10M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.2B |
| Minority Interest | $323M |
| TOTAL EQUITY | $12.5B |
| TOTAL LIABILITIES & EQUITY | $15.2B |
| Total Debt | $368M |
| Net Debt | -$811M |
