| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $2.6B | $2.4B | -8.4% | -1.8% |
| Op. Income | -$114M | $402M | $410M | -128.4% | -127.8% |
| Gross Margin | 19.4% | 37.1% | 36.1% | -17.7pp | -16.7pp |
| Net Margin | -3.5% | 12.8% | 9.1% | -16.3pp | -12.6pp |
| EPS (Diluted) | $-0.31 | $1.23 | $0.82 | -125.2% | -137.8% |
| Free Cash Flow | $347M | $503M | $338M | -31.0% | 2.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.9B |
| GROSS PROFIT | $466M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $580M |
| Operating Expenses | $580M |
| Cost & Expenses | $2.5B |
| OPERATING INCOME | -$114M |
| Interest Income | $0 |
| Interest Expense | $34M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$114M |
| Income Tax Expense | -$30M |
| Net Income from Continuing Ops | -$84M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$84M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$84M |
| D&A | $20M |
| EBIT | -$80M |
| EBITDA | -$60M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$84M |
| Depreciation & Amortization | $20M |
| Stock-Based Compensation | $32M |
| Deferred Income Tax | -$57M |
| Other Non-Cash Items | -$23M |
| Change in Working Capital | $234M |
| OPERATING CASH FLOW | $359M |
| Capital Expenditure | -$12M |
| Acquisitions (Net) | $29M |
| Purchases of Investments | -$2.6B |
| Sales/Maturities of Investments | $2.3B |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$257M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$95M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$96M |
| FREE CASH FLOW | $347M |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $310M |
| Short-Term Investments | $1.3B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $324M |
| Goodwill | $146M |
| Intangible Assets | $68M |
| Long-Term Investments | $43.6B |
| Tax Assets | $392M |
| Other Non-Current Assets | $9.2B |
| TOTAL NON-CURRENT ASSETS | $53.7B |
| TOTAL ASSETS | $57.2B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $3.4B |
| Other Current Liabilities | $14.1B |
| TOTAL CURRENT LIABILITIES | $43.3B |
| Long-Term Debt | $2.7B |
| Deferred Revenue NC | $3.4B |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39.8B |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $45.9B |
| Common Stock | $683M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $9.3B |
| Treasury Stock | -$57M |
| Accum. Other Comp. Income | -$878M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $11.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $11.2B |
| TOTAL LIABILITIES & EQUITY | $57.2B |
| Total Debt | $2.7B |
| Net Debt | $2.4B |
