| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.9B | 5.3% | -8.9% |
| Op. Income | $324M | $330M | $330M | -1.8% | -1.9% |
| Gross Margin | 32.5% | 34.7% | 31.9% | -2.2pp | 0.6pp |
| Net Margin | 18.9% | 16.1% | 14.4% | 2.7pp | 4.4pp |
| EPS (Diluted) | $0.43 | $0.35 | $0.36 | 22.7% | 19.5% |
| Free Cash Flow | $338M | $430M | $112M | -21.4% | 201.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $571M |
| R&D Expenses | $30M |
| Selling & Marketing | $187M |
| General & Administrative | $36M |
| SG&A Expenses | $223M |
| Other Expenses | $1M |
| Operating Expenses | $253M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $324M |
| Interest Income | $2M |
| Interest Expense | $151.6K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $333M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $342M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $331M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $331M |
| D&A | $252M |
| EBIT | $333M |
| EBITDA | $579M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $571M |
| R&D Expenses | $30M |
| Selling & Marketing | $187M |
| General & Administrative | $36M |
| SG&A Expenses | $223M |
| Other Expenses | $1M |
| Operating Expenses | $253M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $324M |
| Interest Income | $2M |
| Interest Expense | $151.6K |
| Other Income/Expenses | $9M |
| INCOME BEFORE TAX | $333M |
| Income Tax Expense | -$9M |
| Net Income from Continuing Ops | $342M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $331M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $331M |
| D&A | $252M |
| EBIT | $333M |
| EBITDA | $579M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $333M |
| Depreciation & Amortization | $252M |
| Stock-Based Compensation | $1.9K |
| Deferred Income Tax | -$134M |
| Other Non-Cash Items | -$122M |
| Change in Working Capital | $175M |
| OPERATING CASH FLOW | $638M |
| Capital Expenditure | -$301M |
| Acquisitions (Net) | -$7M |
| Purchases of Investments | -$117M |
| Sales/Maturities of Investments | $13M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$406M |
| Net Debt Issuance | -$633.4K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$9.1K |
| Other Financing Activities | -$4M |
| NET CASH FROM FINANCING | -$5M |
| FREE CASH FLOW | $338M |
| Net Change in Cash | $232M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $875M |
| Short-Term Investments | $301M |
| Net Receivables | $1.1B |
| Inventory | $556M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $2.9B |
| PP&E (Net) | $9.1B |
| Goodwill | $7M |
| Intangible Assets | $1.6B |
| Long-Term Investments | $354M |
| Tax Assets | $113M |
| Other Non-Current Assets | $658M |
| TOTAL NON-CURRENT ASSETS | $11.9B |
| TOTAL ASSETS | $14.8B |
| Account Payables | $648M |
| Short-Term Debt | $3M |
| Deferred Revenue | $338M |
| Other Current Liabilities | $940M |
| TOTAL CURRENT LIABILITIES | $2.0B |
| Long-Term Debt | $51M |
| Deferred Revenue NC | $232M |
| Deferred Tax Liabilities | $63M |
| Other Non-Current Liabilities | $561M |
| TOTAL NON-CURRENT LIABILITIES | $612M |
| TOTAL LIABILITIES | $2.6B |
| Common Stock | $2.5B |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $15M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.9B |
| Minority Interest | $312M |
| TOTAL EQUITY | $12.2B |
| TOTAL LIABILITIES & EQUITY | $14.8B |
| Total Debt | $54M |
| Net Debt | -$822M |
