| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $436M | $442M | $479M | -1.3% | -9.0% |
| Op. Income | $114M | $112M | $134M | 1.5% | -15.1% |
| Gross Margin | 61.3% | 59.9% | 64.0% | 1.4pp | -2.7pp |
| Net Margin | 14.1% | 188.2% | 8.4% | -174.1pp | 5.7pp |
| EPS (Diluted) | $0.13 | $1.73 | $0.08 | -92.5% | 53.3% |
| Free Cash Flow | $159M | $216M | $196M | -26.5% | -19.2% |
| Item | Amount |
|---|---|
| REVENUE | $436M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $132M |
| Operating Expenses | $153M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $114M |
| Interest Income | $2M |
| Interest Expense | $49M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $132M |
| EBIT | $112M |
| EBITDA | $244M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $436M |
| Cost of Revenue | $169M |
| GROSS PROFIT | $267M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $21M |
| SG&A Expenses | $21M |
| Other Expenses | $132M |
| Operating Expenses | $153M |
| Cost & Expenses | $322M |
| OPERATING INCOME | $114M |
| Interest Income | $2M |
| Interest Expense | $49M |
| Other Income/Expenses | -$52M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $65M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $132M |
| EBIT | $112M |
| EBITDA | $244M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $65M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$4M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$44M |
| OPERATING CASH FLOW | $159M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$4M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $481.0K |
| Other Investing Activities | -$157M |
| NET CASH FROM INVESTING | -$160M |
| Net Debt Issuance | -$2M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$177M |
| Other Financing Activities | $191M |
| NET CASH FROM FINANCING | $9M |
| FREE CASH FLOW | $159M |
| Net Change in Cash | $7M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $5M |
| Short-Term Investments | $0 |
| Net Receivables | $135M |
| Inventory | -$9M |
| Other Current Assets | $37M |
| TOTAL CURRENT ASSETS | $100M |
| PP&E (Net) | $126M |
| Goodwill | $0 |
| Intangible Assets | $387M |
| Long-Term Investments | $1M |
| Tax Assets | $3.4B |
| Other Non-Current Assets | $133M |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $0 |
| Short-Term Debt | $277M |
| Deferred Revenue | $46M |
| Other Current Liabilities | $168M |
| TOTAL CURRENT LIABILITIES | $583M |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $14M |
| Deferred Tax Liabilities | -$14M |
| Other Non-Current Liabilities | -$43M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.4B |
| Retained Earnings | -$460M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $11M |
| Other Equity | -$3.0B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $92M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.6B |
| Net Debt | $1.6B |
