| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.8B | $1.8B | 9.8% | 6.8% |
| Op. Income | $363M | $379M | $388M | -4.2% | -6.4% |
| Gross Margin | 37.3% | 38.4% | 40.0% | -1.1pp | -2.6pp |
| Net Margin | 12.3% | -0.2% | 10.9% | 12.5pp | 1.5pp |
| EPS (Diluted) | $0.86 | $-0.01 | $0.71 | 8137.4% | 21.1% |
| Free Cash Flow | $286M | $49M | $281M | 483.7% | 1.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $729M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $366M |
| Operating Expenses | $366M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $363M |
| Interest Income | $2M |
| Interest Expense | $111M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $281M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $279M |
| EBIT | $392M |
| EBITDA | $671M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $729M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $366M |
| Operating Expenses | $366M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $363M |
| Interest Income | $2M |
| Interest Expense | $111M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $281M |
| Income Tax Expense | $40M |
| Net Income from Continuing Ops | $241M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $241M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $241M |
| D&A | $279M |
| EBIT | $392M |
| EBITDA | $671M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $241M |
| Depreciation & Amortization | $279M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $37M |
| Other Non-Cash Items | $10M |
| Change in Working Capital | $141M |
| OPERATING CASH FLOW | $708M |
| Capital Expenditure | -$422M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$456M |
| Net Debt Issuance | -$131M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$101M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$229M |
| FREE CASH FLOW | $286M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $195M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $445M |
| Other Current Assets | $43M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $16.9B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $67M |
| Tax Assets | $0 |
| Other Non-Current Assets | $3.7B |
| TOTAL NON-CURRENT ASSETS | $20.7B |
| TOTAL ASSETS | $22.9B |
| Account Payables | $540M |
| Short-Term Debt | $1.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $579M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $9.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $6.7B |
| TOTAL NON-CURRENT LIABILITIES | $15.8B |
| TOTAL LIABILITIES | $18.2B |
| Common Stock | $3M |
| Additional Paid-In Capital | $5.0B |
| Retained Earnings | -$383M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$61M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $37M |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $22.9B |
| Total Debt | $10.4B |
| Net Debt | $10.2B |
