| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | — | $1.4B | — | -8.7% |
| Op. Income | $230M | — | $344M | — | -33.1% |
| Gross Margin | 43.5% | — | 43.8% | — | -0.3pp |
| Net Margin | 9.1% | — | 29.7% | — | -20.6pp |
| EPS (Diluted) | $0.28 | — | $0.99 | — | -71.7% |
| Free Cash Flow | $133M | — | $330M | — | -59.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $710M |
| GROSS PROFIT | $546M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $37M |
| SG&A Expenses | $77M |
| Other Expenses | $239M |
| Operating Expenses | $316M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $230M |
| Interest Income | $10M |
| Interest Expense | $29M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $37M |
| EBIT | $177M |
| EBITDA | $214M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $710M |
| GROSS PROFIT | $546M |
| R&D Expenses | $0 |
| Selling & Marketing | $40M |
| General & Administrative | $37M |
| SG&A Expenses | $77M |
| Other Expenses | $239M |
| Operating Expenses | $316M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $230M |
| Interest Income | $10M |
| Interest Expense | $29M |
| Other Income/Expenses | -$82M |
| INCOME BEFORE TAX | $148M |
| Income Tax Expense | $53M |
| Net Income from Continuing Ops | $95M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $111M |
| D&A | $37M |
| EBIT | $177M |
| EBITDA | $214M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $115M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $48M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | $20M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$34M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$747M |
| Sales/Maturities of Investments | $599M |
| Other Investing Activities | -$33M |
| NET CASH FROM INVESTING | -$216M |
| Net Debt Issuance | $67M |
| Common Stock Repurchased | -$2M |
| Common Dividends Paid | -$122M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$44M |
| FREE CASH FLOW | $133M |
| Net Change in Cash | -$109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $0 |
| Net Receivables | $906M |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.8B |
| PP&E (Net) | $469M |
| Goodwill | $7.2B |
| Intangible Assets | $2.2B |
| Long-Term Investments | $6.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | $126M |
| TOTAL NON-CURRENT ASSETS | $16.8B |
| TOTAL ASSETS | $31.0B |
| Account Payables | $284M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $647M |
| TOTAL CURRENT LIABILITIES | $13.2B |
| Long-Term Debt | $7.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $326M |
| Other Non-Current Liabilities | $490M |
| TOTAL NON-CURRENT LIABILITIES | $8.5B |
| TOTAL LIABILITIES | $21.6B |
| Common Stock | $98M |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $5.9B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$735M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $8.6B |
| Minority Interest | $754M |
| TOTAL EQUITY | $9.3B |
| TOTAL LIABILITIES & EQUITY | $31.0B |
| Total Debt | $7.6B |
| Net Debt | $5.8B |
