| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.4B | $1.5B | -13.3% | -19.6% |
| Op. Income | -$50M | $197M | $276M | -125.4% | -118.1% |
| Gross Margin | 30.2% | 42.7% | 44.0% | -12.4pp | -13.8pp |
| Net Margin | -2.5% | 45.5% | 13.2% | -48.0pp | -15.7pp |
| EPS (Diluted) | $-0.19 | $3.88 | $1.21 | -104.9% | -115.7% |
| Free Cash Flow | $151M | $304M | $134M | -50.3% | 12.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $854M |
| GROSS PROFIT | $370M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $420M |
| Operating Expenses | $420M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | -$50M |
| Interest Income | $0 |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$50M |
| Income Tax Expense | -$19M |
| NET INCOME | -$31M |
| D&A | $18M |
| EBIT | -$37M |
| EBITDA | -$19M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$31M |
| Depreciation & Amortization | $18M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $202M |
| Change in Working Capital | $3M |
| OPERATING CASH FLOW | $154M |
| Capital Expenditure | -$3M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$553M |
| Sales/Maturities of Investments | $502M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$54M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$15M |
| Common Dividends Paid | -$80M |
| Other Financing Activities | -$58M |
| NET CASH FROM FINANCING | -$153M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | -$53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $604M |
| Short-Term Investments | $0 |
| Net Receivables | $2.2B |
| Inventory | $0 |
| Other Current Assets | -$13.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $186M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $16.6B |
| Tax Assets | $652M |
| Other Non-Current Assets | -$16.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $21.5B |
| Account Payables | $0 |
| Short-Term Debt | $24M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$24M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $829M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $652M |
| Other Non-Current Liabilities | -$1.5B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $13.5B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $7.6B |
| Treasury Stock | -$1.4B |
| Accum. Other Comp. Income | $115M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $7.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $7.9B |
| TOTAL LIABILITIES & EQUITY | $21.5B |
| Total Debt | $853M |
| Net Debt | $249M |
