| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.3B | $4.8B | $2.8B | -10.4% | 54.0% |
| Op. Income | $1.9B | $1.3B | -$78M | 46.0% | 2534.9% |
| Gross Margin | 48.1% | 29.1% | -3.1% | 18.9pp | 51.1pp |
| Net Margin | 10.1% | 15.6% | -20.3% | -5.5pp | 30.4pp |
| EPS (Diluted) | $0.18 | $0.31 | $-0.23 | -41.9% | 178.1% |
| Free Cash Flow | $1.1B | $1.2B | $226M | -8.4% | 379.6% |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $118M |
| General & Administrative | $69M |
| SG&A Expenses | $187M |
| Other Expenses | $0 |
| Operating Expenses | $187M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $159M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $601M |
| Income Tax Expense | $165M |
| Net Income from Continuing Ops | $437M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $437M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $437M |
| D&A | $981M |
| EBIT | $708M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $4.3B |
| Cost of Revenue | $2.2B |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $118M |
| General & Administrative | $69M |
| SG&A Expenses | $187M |
| Other Expenses | $0 |
| Operating Expenses | $187M |
| Cost & Expenses | $2.4B |
| OPERATING INCOME | $1.9B |
| Interest Income | $0 |
| Interest Expense | $159M |
| Other Income/Expenses | -$1.3B |
| INCOME BEFORE TAX | $601M |
| Income Tax Expense | $165M |
| Net Income from Continuing Ops | $437M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $437M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $437M |
| D&A | $981M |
| EBIT | $708M |
| EBITDA | $1.7B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $437M |
| Depreciation & Amortization | $1.2B |
| Stock-Based Compensation | $118M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $32M |
| Change in Working Capital | $38M |
| OPERATING CASH FLOW | $1.8B |
| Capital Expenditure | -$711M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $86M |
| NET CASH FROM INVESTING | -$625M |
| Net Debt Issuance | -$925M |
| Common Stock Repurchased | -$102M |
| Common Dividends Paid | -$325M |
| Other Financing Activities | $155M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | -$27M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $78M |
| Short-Term Investments | $276M |
| Net Receivables | $1.4B |
| Inventory | $650M |
| Other Current Assets | $129M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $39.4B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $159M |
| Tax Assets | $1.5B |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $43.0B |
| TOTAL ASSETS | $45.6B |
| Account Payables | $460M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.7B |
| TOTAL CURRENT LIABILITIES | $3.7B |
| Long-Term Debt | $10.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $7.4B |
| Other Non-Current Liabilities | $3.3B |
| TOTAL NON-CURRENT LIABILITIES | $22.1B |
| TOTAL LIABILITIES | $25.8B |
| Common Stock | $5.4B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $14.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $19M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.7B |
| TOTAL LIABILITIES & EQUITY | $45.6B |
| Total Debt | $12.9B |
| Net Debt | $12.8B |
