| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $442M | $456M | $443M | -3.1% | -0.3% |
| Op. Income | $112M | $119M | $86M | -5.8% | 30.1% |
| Gross Margin | 59.9% | 60.3% | 55.2% | -0.4pp | 4.7pp |
| Net Margin | 188.2% | 21.8% | -13.2% | 166.4pp | 201.4pp |
| EPS (Diluted) | $1.73 | $0.21 | $-0.13 | 723.8% | 1430.8% |
| Free Cash Flow | $216M | $193M | $209M | 11.7% | 3.2% |
| Item | Amount |
|---|---|
| REVENUE | $442M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $265M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $131M |
| Operating Expenses | $152M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $112M |
| Interest Income | $1M |
| Interest Expense | $55M |
| Other Income/Expenses | $719M |
| INCOME BEFORE TAX | $831M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $834M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $832M |
| Net Income Deductions | -$7M |
| BOTTOM LINE NET INCOME | $837M |
| D&A | $131M |
| EBIT | $888M |
| EBITDA | $1.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $442M |
| Cost of Revenue | $177M |
| GROSS PROFIT | $265M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $22M |
| SG&A Expenses | $22M |
| Other Expenses | $131M |
| Operating Expenses | $152M |
| Cost & Expenses | $330M |
| OPERATING INCOME | $112M |
| Interest Income | $1M |
| Interest Expense | $55M |
| Other Income/Expenses | $719M |
| INCOME BEFORE TAX | $831M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | $834M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $832M |
| Net Income Deductions | -$7M |
| BOTTOM LINE NET INCOME | $837M |
| D&A | $131M |
| EBIT | $888M |
| EBITDA | $1.0B |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $834M |
| Depreciation & Amortization | $131M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$6M |
| Other Non-Cash Items | -$766M |
| Change in Working Capital | $19M |
| OPERATING CASH FLOW | $216M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$1M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $589.0K |
| Other Investing Activities | $1.0B |
| NET CASH FROM INVESTING | $1.0B |
| Net Debt Issuance | -$676M |
| Common Stock Repurchased | -$90.0K |
| Common Dividends Paid | -$174M |
| Other Financing Activities | -$559M |
| NET CASH FROM FINANCING | -$1.2B |
| FREE CASH FLOW | $216M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $19M |
| Short-Term Investments | $0 |
| Net Receivables | $111M |
| Inventory | -$22M |
| Other Current Assets | $137M |
| TOTAL CURRENT ASSETS | $84M |
| PP&E (Net) | $10.2B |
| Goodwill | $0 |
| Intangible Assets | $452M |
| Long-Term Investments | $1M |
| Tax Assets | -$10.2B |
| Other Non-Current Assets | $3.6B |
| TOTAL NON-CURRENT ASSETS | $4.1B |
| TOTAL ASSETS | $4.1B |
| Account Payables | $0 |
| Short-Term Debt | $4M |
| Deferred Revenue | $55M |
| Other Current Liabilities | $284M |
| TOTAL CURRENT LIABILITIES | $581M |
| Long-Term Debt | $5.6B |
| Deferred Revenue NC | $19M |
| Deferred Tax Liabilities | -$19M |
| Other Non-Current Liabilities | $169M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.7B |
| Common Stock | $2M |
| Additional Paid-In Capital | $8.4B |
| Retained Earnings | -$428M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $14M |
| Other Equity | -$2.9B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $93M |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $4.1B |
| Total Debt | $1.5B |
| Net Debt | $1.5B |
