| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.8B | $4.6B | $3.9B | -39.4% | -28.0% |
| Op. Income | -$77M | $1.4B | $545M | -105.5% | -114.2% |
| Gross Margin | -3.1% | 31.2% | 18.3% | -34.3pp | -21.3pp |
| Net Margin | -20.3% | 28.5% | 7.4% | -48.7pp | -27.7pp |
| EPS (Diluted) | $-0.23 | $0.54 | $0.12 | -143.2% | -300.0% |
| Free Cash Flow | $226M | $1.6B | $262M | -86.1% | -13.7% |
| Item | Amount |
|---|---|
| REVENUE | $2.8B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | -$86M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$42M |
| SG&A Expenses | -$42M |
| Other Expenses | $0 |
| Operating Expenses | -$8M |
| Cost & Expenses | $2.9B |
| OPERATING INCOME | -$77M |
| Interest Income | $0 |
| Interest Expense | $131M |
| Other Income/Expenses | -$580M |
| INCOME BEFORE TAX | -$657M |
| Income Tax Expense | -$90M |
| Net Income from Continuing Ops | -$567M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$567M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$567M |
| D&A | $970M |
| EBIT | -$483M |
| EBITDA | $487M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$567M |
| Depreciation & Amortization | $1.5B |
| Stock-Based Compensation | -$108M |
| Deferred Income Tax | $81M |
| Other Non-Cash Items | -$48M |
| Change in Working Capital | $204M |
| OPERATING CASH FLOW | $1.0B |
| Capital Expenditure | -$865M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $34M |
| NET CASH FROM INVESTING | -$761M |
| Net Debt Issuance | $184M |
| Common Stock Repurchased | -$298M |
| Common Dividends Paid | -$297M |
| Other Financing Activities | $9M |
| NET CASH FROM FINANCING | -$402M |
| FREE CASH FLOW | $226M |
| Net Change in Cash | -$143M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $74M |
| Short-Term Investments | $383M |
| Net Receivables | $839M |
| Inventory | $698M |
| Other Current Assets | $85M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $49.1B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $210M |
| Tax Assets | $0 |
| Other Non-Current Assets | $772M |
| TOTAL NON-CURRENT ASSETS | $50.1B |
| TOTAL ASSETS | $52.3B |
| Account Payables | $569M |
| Short-Term Debt | $834M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $288M |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $8.4B |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $25.4B |
| TOTAL LIABILITIES | $28.9B |
| Common Stock | $6.8B |
| Additional Paid-In Capital | $6.8B |
| Retained Earnings | $16.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $89M |
| Other Equity | -$6.8B |
| TOTAL STOCKHOLDERS' EQUITY | $23.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $23.4B |
| TOTAL LIABILITIES & EQUITY | $52.3B |
| Total Debt | $15.1B |
| Net Debt | $15.0B |
