| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.3B | $1.2B | 8.5% | 19.0% |
| Op. Income | $578M | $459M | $455M | 26.0% | 27.0% |
| Gross Margin | 57.3% | 53.0% | 53.4% | 4.4pp | 3.9pp |
| Net Margin | 32.8% | 24.9% | 32.0% | 7.9pp | 0.8pp |
| EPS (Diluted) | $0.64 | $0.45 | $0.51 | 42.6% | 24.3% |
| Free Cash Flow | $178M | $218M | $152M | -18.5% | 16.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $592M |
| GROSS PROFIT | $796M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $218M |
| Operating Expenses | $218M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $578M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $600M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $455M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $455M |
| D&A | $127M |
| EBIT | $682M |
| EBITDA | $810M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $592M |
| GROSS PROFIT | $796M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $218M |
| Operating Expenses | $218M |
| Cost & Expenses | $810M |
| OPERATING INCOME | $578M |
| Interest Income | $0 |
| Interest Expense | $82M |
| Other Income/Expenses | $23M |
| INCOME BEFORE TAX | $600M |
| Income Tax Expense | $146M |
| Net Income from Continuing Ops | $455M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $455M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $455M |
| D&A | $127M |
| EBIT | $682M |
| EBITDA | $810M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $455M |
| Depreciation & Amortization | $127M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $56M |
| Other Non-Cash Items | -$94M |
| Change in Working Capital | -$53M |
| OPERATING CASH FLOW | $492M |
| Capital Expenditure | -$315M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$309M |
| Net Debt Issuance | -$42M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$67M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$107M |
| FREE CASH FLOW | $178M |
| Net Change in Cash | $72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $110M |
| Short-Term Investments | $0 |
| Net Receivables | $555M |
| Inventory | $114M |
| Other Current Assets | $48M |
| TOTAL CURRENT ASSETS | $827M |
| PP&E (Net) | $13.0B |
| Goodwill | $0 |
| Intangible Assets | $140M |
| Long-Term Investments | $147M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $14.6B |
| TOTAL ASSETS | $15.4B |
| Account Payables | $870M |
| Short-Term Debt | $351M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $5.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $2.6B |
| Other Non-Current Liabilities | $715M |
| TOTAL NON-CURRENT LIABILITIES | $9.0B |
| TOTAL LIABILITIES | $10.2B |
| Common Stock | $1.5B |
| Additional Paid-In Capital | $34M |
| Retained Earnings | $4.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$1.2B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $15.4B |
| Total Debt | $6.1B |
| Net Debt | $6.0B |
