| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $901M | $768M | $1.1B | 17.3% | -18.7% |
| Op. Income | $137M | $96M | $130M | 42.4% | 4.9% |
| Gross Margin | 30.1% | 26.1% | 19.7% | 4.0pp | 10.4pp |
| Net Margin | 12.4% | 8.7% | 5.5% | 3.7pp | 6.8pp |
| EPS (Diluted) | $1.81 | $1.09 | $1.01 | 66.1% | 79.2% |
| Free Cash Flow | $0 | $0 | $0 | — | — |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $630M |
| GROSS PROFIT | $271M |
| R&D Expenses | $15M |
| Selling & Marketing | $44M |
| General & Administrative | $81M |
| SG&A Expenses | $126M |
| Other Expenses | $27M |
| Operating Expenses | $135M |
| Cost & Expenses | $764M |
| OPERATING INCOME | $137M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $151M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$445.0K |
| NET INCOME | $112M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $2M |
| EBIT | $174M |
| EBITDA | $166M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $901M |
| Cost of Revenue | $630M |
| GROSS PROFIT | $271M |
| R&D Expenses | $15M |
| Selling & Marketing | $44M |
| General & Administrative | $81M |
| SG&A Expenses | $126M |
| Other Expenses | $27M |
| Operating Expenses | $135M |
| Cost & Expenses | $764M |
| OPERATING INCOME | $137M |
| Interest Income | $2M |
| Interest Expense | $23M |
| Other Income/Expenses | $15M |
| INCOME BEFORE TAX | $151M |
| Income Tax Expense | $37M |
| Net Income from Continuing Ops | $115M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$445.0K |
| NET INCOME | $112M |
| Net Income Deductions | $1M |
| BOTTOM LINE NET INCOME | $113M |
| D&A | $2M |
| EBIT | $174M |
| EBITDA | $166M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $112M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$122M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | $0 |
| Item | Amount |
|---|---|
| Cash & Equivalents | $444M |
| Short-Term Investments | $0 |
| Net Receivables | $622M |
| Inventory | $262M |
| Other Current Assets | $1.2B |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $940M |
| Goodwill | $1M |
| Intangible Assets | $81M |
| Long-Term Investments | $126M |
| Tax Assets | $121M |
| Other Non-Current Assets | $550M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $4.9B |
| Account Payables | $379M |
| Short-Term Debt | $1.8B |
| Deferred Revenue | $39M |
| Other Current Liabilities | $739M |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $471M |
| Deferred Revenue NC | $76M |
| Deferred Tax Liabilities | $36M |
| Other Non-Current Liabilities | $89M |
| TOTAL NON-CURRENT LIABILITIES | $671M |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $703M |
| Additional Paid-In Capital | $11M |
| Retained Earnings | $622M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$110M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.2B |
| Minority Interest | $47M |
| TOTAL EQUITY | $1.3B |
| TOTAL LIABILITIES & EQUITY | $4.9B |
| Total Debt | $2.2B |
| Net Debt | $1.7B |
