| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $672M | $656M | $715M | 2.5% | -6.0% |
| Op. Income | $113M | $62M | $148M | 81.3% | -23.6% |
| Gross Margin | 29.1% | 22.7% | 32.6% | 6.4pp | -3.5pp |
| Net Margin | 13.3% | -23.8% | 19.1% | 37.1pp | -5.8pp |
| EPS (Diluted) | $2.11 | $-3.67 | $3.22 | 157.5% | -34.5% |
| Free Cash Flow | $144M | -$197M | $145M | 173.1% | -0.7% |
| Item | Amount |
|---|---|
| REVENUE | $672M |
| Cost of Revenue | $477M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $113M |
| Interest Income | $6M |
| Interest Expense | $14M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $68M |
| EBIT | $112M |
| EBITDA | $180M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $672M |
| Cost of Revenue | $477M |
| GROSS PROFIT | $195M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $82M |
| Other Expenses | $0 |
| Operating Expenses | $82M |
| Cost & Expenses | $559M |
| OPERATING INCOME | $113M |
| Interest Income | $6M |
| Interest Expense | $14M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $89M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$1.0K |
| NET INCOME | $89M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $89M |
| D&A | $68M |
| EBIT | $112M |
| EBITDA | $180M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $89M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $144M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$4M |
| NET CASH FROM INVESTING | -$4M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$84M |
| NET CASH FROM FINANCING | -$84M |
| FREE CASH FLOW | $144M |
| Net Change in Cash | $56M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $212M |
| Short-Term Investments | $556M |
| Net Receivables | $159M |
| Inventory | $91M |
| Other Current Assets | $38M |
| TOTAL CURRENT ASSETS | $1.2B |
| PP&E (Net) | $3.1B |
| Goodwill | $0 |
| Intangible Assets | $105M |
| Long-Term Investments | $129M |
| Tax Assets | $17M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $3.5B |
| TOTAL ASSETS | $4.6B |
| Account Payables | $146M |
| Short-Term Debt | $319M |
| Deferred Revenue | $561M |
| Other Current Liabilities | $38M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $1.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $170M |
| TOTAL NON-CURRENT LIABILITIES | $1.5B |
| TOTAL LIABILITIES | $2.7B |
| Common Stock | $29M |
| Additional Paid-In Capital | $82M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$136M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $4.6B |
| Total Debt | $1.7B |
| Net Debt | $1.5B |
