| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $743M | $708M | $729M | 4.9% | 1.9% |
| Op. Income | $292M | $185M | $216M | 57.7% | 35.0% |
| Gross Margin | 49.1% | 45.4% | 46.2% | 3.7pp | 2.9pp |
| Net Margin | 23.0% | 13.6% | 15.6% | 9.4pp | 7.4pp |
| EPS (Diluted) | $0.12 | $0.07 | $0.12 | 78.2% | 6.8% |
| Free Cash Flow | $213M | $180M | $186M | 18.5% | 14.3% |
| Item | Amount |
|---|---|
| REVENUE | $743M |
| Cost of Revenue | $378M |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $110M |
| SG&A Expenses | $113M |
| Other Expenses | -$1M |
| Operating Expenses | $84M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $292M |
| Interest Income | $2M |
| Interest Expense | $35M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.1K |
| NET INCOME | $171M |
| Net Income Deductions | $153 |
| BOTTOM LINE NET INCOME | $171M |
| D&A | $68M |
| EBIT | $242M |
| EBITDA | $310M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $743M |
| Cost of Revenue | $378M |
| GROSS PROFIT | $365M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $110M |
| SG&A Expenses | $113M |
| Other Expenses | -$1M |
| Operating Expenses | $84M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $292M |
| Interest Income | $2M |
| Interest Expense | $35M |
| Other Income/Expenses | -$30M |
| INCOME BEFORE TAX | $256M |
| Income Tax Expense | $72M |
| Net Income from Continuing Ops | $183M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $1.1K |
| NET INCOME | $171M |
| Net Income Deductions | $153 |
| BOTTOM LINE NET INCOME | $171M |
| D&A | $68M |
| EBIT | $242M |
| EBITDA | $310M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $171M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $29M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $259M |
| Capital Expenditure | -$46M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$57M |
| Net Debt Issuance | -$86M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$89M |
| NET CASH FROM FINANCING | -$177M |
| FREE CASH FLOW | $213M |
| Net Change in Cash | -$456M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $273M |
| Short-Term Investments | $45M |
| Net Receivables | $636M |
| Inventory | $85M |
| Other Current Assets | $7M |
| TOTAL CURRENT ASSETS | $1.1B |
| PP&E (Net) | $5.9B |
| Goodwill | $1.0B |
| Intangible Assets | $129M |
| Long-Term Investments | $98M |
| Tax Assets | $21M |
| Other Non-Current Assets | $50M |
| TOTAL NON-CURRENT ASSETS | $7.2B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $519M |
| Short-Term Debt | $458M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $326M |
| TOTAL CURRENT LIABILITIES | $1.4B |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $310M |
| Other Non-Current Liabilities | $184M |
| TOTAL NON-CURRENT LIABILITIES | $2.9B |
| TOTAL LIABILITIES | $4.2B |
| Common Stock | $4.4B |
| Additional Paid-In Capital | -$509M |
| Retained Earnings | $1.1B |
| Treasury Stock | -$81M |
| Accum. Other Comp. Income | -$1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $282M |
| TOTAL EQUITY | $4.1B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $2.9B |
| Net Debt | $2.6B |
