| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $656M | $672M | — | -2.4% | — |
| Op. Income | $62M | $74M | — | -16.2% | — |
| Gross Margin | 22.7% | 22.9% | — | -0.2pp | — |
| Net Margin | -23.8% | 8.6% | — | -32.3pp | — |
| EPS (Diluted) | $-3.67 | $1.36 | — | -369.9% | — |
| Free Cash Flow | -$197M | $31M | — | -736.3% | — |
| Item | Amount |
|---|---|
| REVENUE | $656M |
| Cost of Revenue | $507M |
| GROSS PROFIT | $149M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $87M |
| Other Expenses | $0 |
| Operating Expenses | $87M |
| Cost & Expenses | $594M |
| OPERATING INCOME | $62M |
| Interest Income | $6M |
| Interest Expense | $13M |
| Other Income/Expenses | -$214M |
| INCOME BEFORE TAX | -$152M |
| Income Tax Expense | $4M |
| Net Income from Continuing Ops | -$156M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$156M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$156M |
| D&A | $66M |
| EBIT | -$139M |
| EBITDA | -$72M |
| EPS | -$4 |
| EPS Diluted | -$4 |
| Item | Amount |
|---|---|
| Net Income | -$156M |
| Depreciation & Amortization | $277M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $295M |
| Change in Working Capital | -$83M |
| OPERATING CASH FLOW | $139M |
| Capital Expenditure | -$336M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$20M |
| NET CASH FROM INVESTING | -$20M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$148M |
| Other Financing Activities | -$46M |
| NET CASH FROM FINANCING | -$87M |
| FREE CASH FLOW | -$197M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $153M |
| Short-Term Investments | $566M |
| Net Receivables | $96M |
| Inventory | $87M |
| Other Current Assets | $145M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $2.7B |
| Goodwill | $20M |
| Intangible Assets | $81M |
| Long-Term Investments | $139M |
| Tax Assets | $16M |
| Other Non-Current Assets | $67M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $125M |
| Short-Term Debt | $312M |
| Deferred Revenue | $502M |
| Other Current Liabilities | $43M |
| TOTAL CURRENT LIABILITIES | $1.0B |
| Long-Term Debt | $975M |
| Deferred Revenue NC | $37M |
| Deferred Tax Liabilities | $49M |
| Other Non-Current Liabilities | -$131M |
| TOTAL NON-CURRENT LIABILITIES | $1.2B |
| TOTAL LIABILITIES | $2.2B |
| Common Stock | $29M |
| Additional Paid-In Capital | $80M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$136M |
| Accum. Other Comp. Income | -$4M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.8B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.3B |
| Net Debt | $1.1B |
