| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $422M | $240M | $254M | 75.9% | 66.1% |
| Op. Income | $187M | $67M | $111M | 181.6% | 68.9% |
| Gross Margin | 52.9% | 40.7% | 55.0% | 12.2pp | -2.0pp |
| Net Margin | 42.4% | 40.5% | 42.6% | 1.9pp | -0.3pp |
| EPS (Diluted) | $3.36 | $1.83 | $2.06 | 83.6% | 63.1% |
| Free Cash Flow | $171M | $61M | $54M | 178.4% | 216.0% |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $219M |
| Operating Expenses | $33M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $187M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $25M |
| EBIT | $187M |
| EBITDA | $187M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| REVENUE | $422M |
| Cost of Revenue | $198M |
| GROSS PROFIT | $223M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $8M |
| SG&A Expenses | $8M |
| Other Expenses | $219M |
| Operating Expenses | $33M |
| Cost & Expenses | $231M |
| OPERATING INCOME | $187M |
| Interest Income | $0 |
| Interest Expense | $9M |
| Other Income/Expenses | -$9M |
| INCOME BEFORE TAX | $179M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $179M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $179M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $179M |
| D&A | $25M |
| EBIT | $187M |
| EBITDA | $187M |
| EPS | $3 |
| EPS Diluted | $3 |
| Item | Amount |
|---|---|
| Net Income | $179M |
| Depreciation & Amortization | $25M |
| Stock-Based Compensation | $198.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $2M |
| Change in Working Capital | -$11M |
| OPERATING CASH FLOW | $194M |
| Capital Expenditure | -$23M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$23M |
| Net Debt Issuance | $126M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$3M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | $115M |
| FREE CASH FLOW | $171M |
| Net Change in Cash | $287M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $322M |
| Short-Term Investments | $18M |
| Net Receivables | $165M |
| Inventory | $51M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $575M |
| PP&E (Net) | $667M |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $59M |
| TOTAL NON-CURRENT ASSETS | $727M |
| TOTAL ASSETS | $1.3B |
| Account Payables | $31M |
| Short-Term Debt | $3M |
| Deferred Revenue | $69M |
| Other Current Liabilities | $17M |
| TOTAL CURRENT LIABILITIES | $120M |
| Long-Term Debt | $466M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $131M |
| TOTAL NON-CURRENT LIABILITIES | $597M |
| TOTAL LIABILITIES | $717M |
| Common Stock | $534.0K |
| Additional Paid-In Capital | $326M |
| Retained Earnings | $259M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $585M |
| Minority Interest | $0 |
| TOTAL EQUITY | $585M |
| TOTAL LIABILITIES & EQUITY | $1.3B |
| Total Debt | $469M |
| Net Debt | $147M |
