| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | 5.1% | 4.6% |
| Op. Income | $228M | $204M | $213M | 12.0% | 7.2% |
| Gross Margin | 28.8% | 27.9% | 28.1% | 0.9pp | 0.6pp |
| Net Margin | 16.6% | 15.5% | 16.2% | 1.1pp | 0.3pp |
| EPS (Diluted) | $1.65 | $1.45 | $1.49 | 13.8% | 10.7% |
| Free Cash Flow | $416M | $323M | $370M | 29.0% | 12.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $797M |
| GROSS PROFIT | $322M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $24M |
| Operating Expenses | $94M |
| Cost & Expenses | $891M |
| OPERATING INCOME | $228M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | -$49.0K |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $249M |
| EBITDA | $249M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $797M |
| GROSS PROFIT | $322M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $70M |
| SG&A Expenses | $70M |
| Other Expenses | $24M |
| Operating Expenses | $94M |
| Cost & Expenses | $891M |
| OPERATING INCOME | $228M |
| Interest Income | $0 |
| Interest Expense | $21M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $228M |
| Income Tax Expense | $43M |
| Net Income from Continuing Ops | $185M |
| Net Income from Discontinued Ops | -$49.0K |
| Other Adjustments | $0 |
| NET INCOME | $185M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $185M |
| D&A | $0 |
| EBIT | $249M |
| EBITDA | $249M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $185M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $238M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $423M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$522M |
| Sales/Maturities of Investments | $223M |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$306M |
| Net Debt Issuance | -$15M |
| Common Stock Repurchased | -$111M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$37M |
| NET CASH FROM FINANCING | -$169M |
| FREE CASH FLOW | $416M |
| Net Change in Cash | -$54M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $67M |
| Short-Term Investments | $17.3B |
| Net Receivables | $420M |
| Inventory | $0 |
| Other Current Assets | -$17.8B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $442M |
| Intangible Assets | $0 |
| Long-Term Investments | $17.3B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$17.8B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $24.1B |
| Account Payables | $0 |
| Short-Term Debt | $294M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.9B |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $1.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$1.4B |
| TOTAL NON-CURRENT LIABILITIES | $0 |
| TOTAL LIABILITIES | $18.1B |
| Common Stock | $121M |
| Additional Paid-In Capital | $519M |
| Retained Earnings | $5.4B |
| Treasury Stock | -$831M |
| Accum. Other Comp. Income | $870M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $6.0B |
| TOTAL LIABILITIES & EQUITY | $24.1B |
| Total Debt | $1.6B |
| Net Debt | $1.6B |
