| Metric | Q4 2017 | Q3 2017 | Q4 2016 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | 0.9% | 8.5% |
| Op. Income | $125M | $130M | $181M | -3.5% | -30.6% |
| Gross Margin | 34.0% | 35.5% | 47.7% | -1.5pp | -13.7pp |
| Net Margin | -6.5% | 9.3% | 23.3% | -15.8pp | -29.8pp |
| EPS (Diluted) | $-0.42 | $0.59 | $1.34 | -171.2% | -131.3% |
| Free Cash Flow | $179M | $155M | $178M | 15.6% | 0.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $719M |
| GROSS PROFIT | $371M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $246M |
| Operating Expenses | $246M |
| Cost & Expenses | $965M |
| OPERATING INCOME | $125M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $125M |
| Income Tax Expense | $196M |
| Net Income from Continuing Ops | -$71M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$71M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$71M |
| D&A | $65M |
| EBIT | $157M |
| EBITDA | $221M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$71M |
| Depreciation & Amortization | $65M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $177M |
| Other Non-Cash Items | -$84M |
| Change in Working Capital | $143M |
| OPERATING CASH FLOW | $179M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.1B |
| Sales/Maturities of Investments | $1.5B |
| Other Investing Activities | -$79M |
| NET CASH FROM INVESTING | -$603M |
| Net Debt Issuance | $208M |
| Common Stock Repurchased | -$26M |
| Common Dividends Paid | -$15M |
| Other Financing Activities | $67M |
| NET CASH FROM FINANCING | $236M |
| FREE CASH FLOW | $179M |
| Net Change in Cash | -$188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $22.9B |
| Net Receivables | $0 |
| Inventory | $400M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $578M |
| PP&E (Net) | -$1.4B |
| Goodwill | $0 |
| Intangible Assets | $1.4B |
| Long-Term Investments | $25.2B |
| Tax Assets | -$240M |
| Other Non-Current Assets | -$20.6B |
| TOTAL NON-CURRENT ASSETS | $4.4B |
| TOTAL ASSETS | $33.1B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $24.3B |
| TOTAL CURRENT LIABILITIES | $24.3B |
| Long-Term Debt | $4.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $22.5B |
| TOTAL NON-CURRENT LIABILITIES | $4.0B |
| TOTAL LIABILITIES | $28.3B |
| Common Stock | $2M |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $766M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.0B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.8B |
| TOTAL LIABILITIES & EQUITY | $33.1B |
| Total Debt | $4.0B |
| Net Debt | $3.8B |
