| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $456M | $470M | $454M | -2.9% | 0.4% |
| Op. Income | $119M | $130M | $145M | -8.3% | -17.6% |
| Gross Margin | 60.3% | 63.0% | 65.8% | -2.7pp | -5.5pp |
| Net Margin | 21.8% | 19.2% | -1.7% | 2.6pp | 23.5pp |
| EPS (Diluted) | $0.21 | $0.19 | $-0.02 | 10.5% | 1388.3% |
| Free Cash Flow | $193M | $244M | $206M | -20.6% | -6.3% |
| Item | Amount |
|---|---|
| REVENUE | $456M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $132M |
| Operating Expenses | $156M |
| Cost & Expenses | $337M |
| OPERATING INCOME | $119M |
| Interest Income | $1M |
| Interest Expense | $63M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $132M |
| EBIT | $162M |
| EBITDA | $295M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $456M |
| Cost of Revenue | $181M |
| GROSS PROFIT | $275M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $24M |
| SG&A Expenses | $24M |
| Other Expenses | $132M |
| Operating Expenses | $156M |
| Cost & Expenses | $337M |
| OPERATING INCOME | $119M |
| Interest Income | $1M |
| Interest Expense | $63M |
| Other Income/Expenses | -$21M |
| INCOME BEFORE TAX | $98M |
| Income Tax Expense | -$5M |
| Net Income from Continuing Ops | $103M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $99M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $99M |
| D&A | $132M |
| EBIT | $162M |
| EBITDA | $295M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $103M |
| Depreciation & Amortization | $132M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$41M |
| Change in Working Capital | $1M |
| OPERATING CASH FLOW | $193M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $389M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $15M |
| Other Investing Activities | -$78M |
| NET CASH FROM INVESTING | $326M |
| Net Debt Issuance | -$609M |
| Common Stock Repurchased | -$564.0K |
| Common Dividends Paid | -$174M |
| Other Financing Activities | $250M |
| NET CASH FROM FINANCING | -$532M |
| FREE CASH FLOW | $193M |
| Net Change in Cash | -$13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $4M |
| Short-Term Investments | $0 |
| Net Receivables | $90M |
| Inventory | -$27M |
| Other Current Assets | $453M |
| TOTAL CURRENT ASSETS | $93M |
| PP&E (Net) | $10.2B |
| Goodwill | $0 |
| Intangible Assets | $450M |
| Long-Term Investments | $1M |
| Tax Assets | -$10.2B |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $0 |
| Short-Term Debt | $860.0K |
| Deferred Revenue | $50M |
| Other Current Liabilities | $327M |
| TOTAL CURRENT LIABILITIES | $530M |
| Long-Term Debt | $6.8B |
| Deferred Revenue NC | $11M |
| Deferred Tax Liabilities | -$11M |
| Other Non-Current Liabilities | -$91M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.2B |
| Retained Earnings | -$396M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $20M |
| Other Equity | -$3.6B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $95M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
