| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.8B | $3.3B | $3.4B | 15.0% | 10.5% |
| Op. Income | $423M | -$1.7B | -$148M | 125.0% | 385.2% |
| Gross Margin | 22.6% | 7.2% | 13.4% | 15.4pp | 9.2pp |
| Net Margin | 2.1% | -30.0% | -13.9% | 32.1pp | 16.0pp |
| EPS (Diluted) | $0.07 | $-0.80 | $-0.39 | 108.2% | 117.0% |
| Free Cash Flow | $84M | $145M | -$476M | -41.9% | 117.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $858M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $802M |
| Operating Expenses | $858M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $423M |
| Interest Income | $1M |
| Interest Expense | $60M |
| Other Income/Expenses | -$308M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $414M |
| EBIT | $198M |
| EBITDA | $612M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.8B |
| Cost of Revenue | $2.9B |
| GROSS PROFIT | $858M |
| R&D Expenses | $3M |
| Selling & Marketing | $0 |
| General & Administrative | $53M |
| SG&A Expenses | $53M |
| Other Expenses | $802M |
| Operating Expenses | $858M |
| Cost & Expenses | $3.8B |
| OPERATING INCOME | $423M |
| Interest Income | $1M |
| Interest Expense | $60M |
| Other Income/Expenses | -$308M |
| INCOME BEFORE TAX | $115M |
| Income Tax Expense | $34M |
| Net Income from Continuing Ops | $80M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $80M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $80M |
| D&A | $414M |
| EBIT | $198M |
| EBITDA | $612M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $80M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $30M |
| Other Non-Cash Items | $624M |
| Change in Working Capital | -$416M |
| OPERATING CASH FLOW | $319M |
| Capital Expenditure | -$235M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$229M |
| Net Debt Issuance | -$432M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$45M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$476M |
| FREE CASH FLOW | $84M |
| Net Change in Cash | -$392M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $178M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $1.0B |
| Other Current Assets | $58M |
| TOTAL CURRENT ASSETS | $2.5B |
| PP&E (Net) | $22.1B |
| Goodwill | $1.7B |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $23.8B |
| TOTAL ASSETS | $26.3B |
| Account Payables | $1.5B |
| Short-Term Debt | $488M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $188M |
| TOTAL CURRENT LIABILITIES | $2.2B |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $4.7B |
| TOTAL NON-CURRENT LIABILITIES | $11.3B |
| TOTAL LIABILITIES | $13.6B |
| Common Stock | $8.1B |
| Additional Paid-In Capital | $3.2B |
| Retained Earnings | $783M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $685M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $12.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $12.7B |
| TOTAL LIABILITIES & EQUITY | $26.3B |
| Total Debt | $7.2B |
| Net Debt | $7.0B |
