| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $710M | $1.2B | 204.1% | 76.4% |
| Op. Income | $867M | -$581M | -$50M | 249.2% | 1834.0% |
| Gross Margin | 60.2% | -23.1% | 30.2% | 83.3pp | 29.9pp |
| Net Margin | 32.2% | -63.7% | -2.5% | 95.9pp | 34.7pp |
| EPS (Diluted) | $4.26 | $-2.78 | $-0.19 | 253.2% | 2342.1% |
| Free Cash Flow | $195M | $349M | $151M | -44.1% | 29.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $860M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $432M |
| Operating Expenses | $432M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $867M |
| Interest Income | $157M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $867M |
| Income Tax Expense | $172M |
| NET INCOME | $695M |
| D&A | $19M |
| EBIT | $880M |
| EBITDA | $899M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $860M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $432M |
| Operating Expenses | $432M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $867M |
| Interest Income | $157M |
| Interest Expense | $13M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $867M |
| Income Tax Expense | $172M |
| NET INCOME | $695M |
| D&A | $19M |
| EBIT | $880M |
| EBITDA | $899M |
| EPS | $4 |
| EPS Diluted | $4 |
| Item | Amount |
|---|---|
| Net Income | $695M |
| Depreciation & Amortization | $19M |
| Stock-Based Compensation | $9M |
| Deferred Income Tax | $144M |
| Other Non-Cash Items | -$649M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $200M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$351M |
| Sales/Maturities of Investments | $301M |
| Other Investing Activities | -$1M |
| NET CASH FROM INVESTING | -$56M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$85M |
| Other Financing Activities | -$41M |
| NET CASH FROM FINANCING | -$126M |
| FREE CASH FLOW | $195M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $802M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $0 |
| Other Current Assets | -$14.4B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $202M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $17.6B |
| Tax Assets | $817M |
| Other Non-Current Assets | -$17.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $23.4B |
| Account Payables | $0 |
| Short-Term Debt | $32M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$32M |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $845M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $817M |
| Other Non-Current Liabilities | -$1.7B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $397M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $8.2B |
| Treasury Stock | -$1.5B |
| Accum. Other Comp. Income | $210M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $8.6B |
| TOTAL LIABILITIES & EQUITY | $23.4B |
| Total Debt | $877M |
| Net Debt | $75M |
