| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | $1.3B | $1.2B | -3.0% | 3.7% |
| Op. Income | $395M | $669M | $441M | -41.0% | -10.6% |
| Gross Margin | 50.5% | 60.8% | 50.0% | -10.3pp | 0.5pp |
| Net Margin | 20.9% | 57.4% | 26.9% | -36.5pp | -5.9pp |
| EPS (Diluted) | $0.35 | $0.99 | $0.43 | -64.4% | -18.6% |
| Free Cash Flow | $114M | $210M | $59M | -45.8% | 92.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $601M |
| GROSS PROFIT | $614M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $219M |
| Operating Expenses | $219M |
| Cost & Expenses | $820M |
| OPERATING INCOME | $395M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $343M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $254M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $254M |
| D&A | $124M |
| EBIT | $428M |
| EBITDA | $552M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $601M |
| GROSS PROFIT | $614M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $219M |
| Operating Expenses | $219M |
| Cost & Expenses | $820M |
| OPERATING INCOME | $395M |
| Interest Income | $0 |
| Interest Expense | $84M |
| Other Income/Expenses | -$51M |
| INCOME BEFORE TAX | $343M |
| Income Tax Expense | $89M |
| Net Income from Continuing Ops | $254M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $254M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $254M |
| D&A | $124M |
| EBIT | $428M |
| EBITDA | $552M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $254M |
| Depreciation & Amortization | $124M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | -$32M |
| Change in Working Capital | -$86M |
| OPERATING CASH FLOW | $290M |
| Capital Expenditure | -$176M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$174M |
| Net Debt Issuance | -$4M |
| Common Stock Repurchased | -$218M |
| Common Dividends Paid | -$60M |
| Other Financing Activities | $6M |
| NET CASH FROM FINANCING | -$276M |
| FREE CASH FLOW | $114M |
| Net Change in Cash | -$156M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $511M |
| Inventory | $113M |
| Other Current Assets | $102M |
| TOTAL CURRENT ASSETS | $816M |
| PP&E (Net) | $12.6B |
| Goodwill | $0 |
| Intangible Assets | $140M |
| Long-Term Investments | $136M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $14.0B |
| TOTAL ASSETS | $14.8B |
| Account Payables | $865M |
| Short-Term Debt | $552M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $697M |
| TOTAL NON-CURRENT LIABILITIES | $8.7B |
| TOTAL LIABILITIES | $10.1B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $33M |
| Retained Earnings | $4.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $14.8B |
| Total Debt | $6.1B |
| Net Debt | $6.0B |
