| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.1B | -1.8% | 0.7% |
| Op. Income | $204M | $220M | $216M | -7.6% | -5.9% |
| Gross Margin | 27.9% | 28.8% | 29.1% | -0.8pp | -1.2pp |
| Net Margin | 15.5% | 16.5% | 97.2% | -1.0pp | -81.7pp |
| EPS (Diluted) | $1.45 | $1.56 | $8.71 | -7.1% | -83.4% |
| Free Cash Flow | $323M | $312M | $336M | 3.3% | -4.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $767M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $67M |
| SG&A Expenses | $67M |
| Other Expenses | $26M |
| Operating Expenses | $94M |
| Cost & Expenses | $861M |
| OPERATING INCOME | $204M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $204M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $11.0K |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $0 |
| EBIT | $227M |
| EBITDA | $227M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $767M |
| GROSS PROFIT | $297M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $67M |
| SG&A Expenses | $67M |
| Other Expenses | $26M |
| Operating Expenses | $94M |
| Cost & Expenses | $861M |
| OPERATING INCOME | $204M |
| Interest Income | $0 |
| Interest Expense | $24M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $204M |
| Income Tax Expense | $39M |
| Net Income from Continuing Ops | $165M |
| Net Income from Discontinued Ops | $11.0K |
| Other Adjustments | $0 |
| NET INCOME | $165M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $165M |
| D&A | $0 |
| EBIT | $227M |
| EBITDA | $227M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $165M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $176M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $340M |
| Capital Expenditure | -$18M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $48M |
| Sales/Maturities of Investments | $161M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $194M |
| Net Debt Issuance | -$320M |
| Common Stock Repurchased | -$123M |
| Common Dividends Paid | -$18M |
| Other Financing Activities | -$39M |
| NET CASH FROM FINANCING | -$500M |
| FREE CASH FLOW | $323M |
| Net Change in Cash | $44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $121M |
| Short-Term Investments | $16.4B |
| Net Receivables | $415M |
| Inventory | $0 |
| Other Current Assets | -$16.9B |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $135M |
| Goodwill | $442M |
| Intangible Assets | $0 |
| Long-Term Investments | $16.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$16.9B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $23.1B |
| Account Payables | $0 |
| Short-Term Debt | $308M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$1.7B |
| 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 | $17.7B |
| Common Stock | $121M |
| Additional Paid-In Capital | $524M |
| Retained Earnings | $5.2B |
| Treasury Stock | -$763M |
| Accum. Other Comp. Income | $319M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $23.1B |
| Total Debt | $1.7B |
| Net Debt | $1.5B |
