| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.7B | 3.9% | 5.8% |
| Op. Income | $488M | $574M | $478M | -15.0% | 2.1% |
| Gross Margin | 78.3% | 79.4% | 85.0% | -1.1pp | -6.7pp |
| Net Margin | 22.7% | 28.0% | 24.6% | -5.4pp | -2.0pp |
| EPS (Diluted) | $0.38 | $0.45 | $0.38 | -15.6% | 0.0% |
| Free Cash Flow | $547M | $1.7B | -$230M | -67.6% | 337.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $389M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $596M |
| SG&A Expenses | $615M |
| Other Expenses | $303M |
| Operating Expenses | $918M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $488M |
| Interest Income | $1.3B |
| Interest Expense | $327M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $488M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $406M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $407M |
| Net Income Deductions | -$20M |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $58M |
| EBIT | $488M |
| EBITDA | $546M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $389M |
| GROSS PROFIT | $1.4B |
| R&D Expenses | $0 |
| Selling & Marketing | $19M |
| General & Administrative | $596M |
| SG&A Expenses | $615M |
| Other Expenses | $303M |
| Operating Expenses | $918M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $488M |
| Interest Income | $1.3B |
| Interest Expense | $327M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $488M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $406M |
| Net Income from Discontinued Ops | $1M |
| Other Adjustments | $0 |
| NET INCOME | $407M |
| Net Income Deductions | -$20M |
| BOTTOM LINE NET INCOME | $387M |
| D&A | $58M |
| EBIT | $488M |
| EBITDA | $546M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $407M |
| Depreciation & Amortization | $58M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $99M |
| Other Non-Cash Items | $101M |
| Change in Working Capital | -$130M |
| OPERATING CASH FLOW | $560M |
| Capital Expenditure | -$9M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.9B |
| Sales/Maturities of Investments | $1.0B |
| Other Investing Activities | -$702M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $434M |
| Common Stock Repurchased | -$167M |
| Common Dividends Paid | -$192M |
| Other Financing Activities | $834M |
| NET CASH FROM FINANCING | $912M |
| FREE CASH FLOW | $547M |
| Net Change in Cash | -$67M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $611M |
| Short-Term Investments | $2.8B |
| Net Receivables | $4.5B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $7.9B |
| PP&E (Net) | $849M |
| Goodwill | $2.5B |
| Intangible Assets | $300M |
| Long-Term Investments | $119.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $10.7B |
| TOTAL NON-CURRENT ASSETS | $133.6B |
| TOTAL ASSETS | $141.5B |
| Account Payables | $0 |
| Short-Term Debt | $945M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $108.2B |
| TOTAL CURRENT LIABILITIES | $111.4B |
| Long-Term Debt | $14.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | -$15.5B |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $125.6B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $6.3B |
| Retained Earnings | $11.8B |
| Treasury Stock | -$4.3B |
| Accum. Other Comp. Income | -$530M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $15.9B |
| Minority Interest | $2M |
| TOTAL EQUITY | $15.9B |
| TOTAL LIABILITIES & EQUITY | $141.5B |
| Total Debt | $15.1B |
| Net Debt | $14.5B |
