| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.2B | $3.9B | $2.8B | 7.7% | 48.1% |
| Op. Income | $1.0B | $545M | $328M | 87.1% | 210.9% |
| Gross Margin | 25.0% | 18.3% | 15.5% | 6.8pp | 9.6pp |
| Net Margin | 10.2% | 7.4% | 6.3% | 2.7pp | 3.8pp |
| EPS (Diluted) | $0.18 | $0.12 | $0.08 | 50.0% | 118.2% |
| Free Cash Flow | $1.1B | $262M | $633M | 306.7% | 68.1% |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$5M |
| SG&A Expenses | -$5M |
| Other Expenses | $34M |
| Operating Expenses | $29M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $139M |
| Other Income/Expenses | -$381M |
| INCOME BEFORE TAX | $639M |
| Income Tax Expense | $213M |
| Net Income from Continuing Ops | $426M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $426M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $426M |
| D&A | $919M |
| EBIT | $778M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.2B |
| Cost of Revenue | $3.1B |
| GROSS PROFIT | $1.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$5M |
| SG&A Expenses | -$5M |
| Other Expenses | $34M |
| Operating Expenses | $29M |
| Cost & Expenses | $3.2B |
| OPERATING INCOME | $1.0B |
| Interest Income | $0 |
| Interest Expense | $139M |
| Other Income/Expenses | -$381M |
| INCOME BEFORE TAX | $639M |
| Income Tax Expense | $213M |
| Net Income from Continuing Ops | $426M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $426M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $426M |
| D&A | $919M |
| EBIT | $778M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $426M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | -$64M |
| Deferred Income Tax | $100M |
| Other Non-Cash Items | -$31M |
| Change in Working Capital | $172M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$699M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$260M |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$625M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$246M |
| Other Financing Activities | $77M |
| NET CASH FROM FINANCING | -$793M |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $11M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $111M |
| Short-Term Investments | $571M |
| Net Receivables | $1.6B |
| Inventory | $723M |
| Other Current Assets | $63M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $49.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $889M |
| TOTAL NON-CURRENT ASSETS | $50.3B |
| TOTAL ASSETS | $53.5B |
| Account Payables | $685M |
| Short-Term Debt | $471M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $207M |
| TOTAL CURRENT LIABILITIES | $3.2B |
| Long-Term Debt | $15.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.1B |
| Other Non-Current Liabilities | $3.2B |
| TOTAL NON-CURRENT LIABILITIES | $26.9B |
| TOTAL LIABILITIES | $30.1B |
| Common Stock | $6.8B |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $16.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$17M |
| Other Equity | -$6.8B |
| TOTAL STOCKHOLDERS' EQUITY | $23.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.4B |
| TOTAL LIABILITIES & EQUITY | $53.5B |
| Total Debt | $16.1B |
| Net Debt | $16.0B |
