| Metric | Q2 2018 | Q1 2018 | Q2 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.5B | 0.1% | -4.9% |
| Op. Income | $228M | $238M | $269M | -4.3% | -15.3% |
| Gross Margin | 52.2% | 53.4% | 54.3% | -1.1pp | -2.1pp |
| Net Margin | 11.9% | 10.5% | 12.5% | 1.4pp | -0.6pp |
| EPS (Diluted) | $2.74 | $2.42 | $3.03 | 13.4% | -9.5% |
| Free Cash Flow | -$201M | -$501M | $0 | 59.8% | — |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $660M |
| GROSS PROFIT | $722M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $413M |
| SG&A Expenses | $413M |
| Other Expenses | $81M |
| Operating Expenses | $494M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $228M |
| Interest Income | $1.1B |
| Interest Expense | $390M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $32M |
| EBIT | $228M |
| EBITDA | $260M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $660M |
| GROSS PROFIT | $722M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $413M |
| SG&A Expenses | $413M |
| Other Expenses | $81M |
| Operating Expenses | $494M |
| Cost & Expenses | $1.2B |
| OPERATING INCOME | $228M |
| Interest Income | $1.1B |
| Interest Expense | $390M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $174M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $32M |
| EBIT | $228M |
| EBITDA | $260M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $31M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $553M |
| Change in Working Capital | -$901M |
| OPERATING CASH FLOW | -$152M |
| Capital Expenditure | -$49M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $51M |
| NET CASH FROM INVESTING | $2M |
| Net Debt Issuance | $187M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$68M |
| Other Financing Activities | -$252M |
| NET CASH FROM FINANCING | -$132M |
| FREE CASH FLOW | -$201M |
| Net Change in Cash | -$119M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $3.6B |
| Short-Term Investments | $0 |
| Net Receivables | $191M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.9B |
| PP&E (Net) | $856M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $48.4B |
| Tax Assets | $317M |
| Other Non-Current Assets | $1.7B |
| TOTAL NON-CURRENT ASSETS | $53.1B |
| TOTAL ASSETS | $57.0B |
| Account Payables | $0 |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $36.8B |
| TOTAL CURRENT LIABILITIES | $38.1B |
| Long-Term Debt | $9.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $665M |
| Other Non-Current Liabilities | $2.5B |
| TOTAL NON-CURRENT LIABILITIES | $12.2B |
| TOTAL LIABILITIES | $50.3B |
| Common Stock | $134M |
| Additional Paid-In Capital | $1.4B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $3.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $358M |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $57.0B |
| Total Debt | $10.4B |
| Net Debt | $6.8B |
