| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.2B | $696M | -7.4% | 57.2% |
| Op. Income | $6M | $81M | $44M | -92.4% | -86.2% |
| Gross Margin | 17.3% | 26.8% | 17.7% | -9.5pp | -0.4pp |
| Net Margin | 0.6% | 7.8% | 5.3% | -7.2pp | -4.7pp |
| EPS (Diluted) | $0.10 | $1.40 | $0.71 | -92.9% | -85.9% |
| Free Cash Flow | $183M | $133M | $69M | 37.4% | 163.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $906M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$23M |
| SG&A Expenses | -$23M |
| Other Expenses | $206M |
| Operating Expenses | $183M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | -$200.0K |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $54M |
| EBIT | $20M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $906M |
| GROSS PROFIT | $189M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$23M |
| SG&A Expenses | -$23M |
| Other Expenses | $206M |
| Operating Expenses | $183M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $6M |
| Interest Income | $0 |
| Interest Expense | $14M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $2M |
| Other Adjustments | $0 |
| NET INCOME | $7M |
| Net Income Deductions | -$200.0K |
| BOTTOM LINE NET INCOME | $7M |
| D&A | $54M |
| EBIT | $20M |
| EBITDA | $74M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $7M |
| Depreciation & Amortization | $54M |
| Stock-Based Compensation | $19M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $62M |
| Change in Working Capital | $72M |
| OPERATING CASH FLOW | $194M |
| Capital Expenditure | -$11M |
| Acquisitions (Net) | -$19M |
| Purchases of Investments | -$678M |
| Sales/Maturities of Investments | $728M |
| Other Investing Activities | -$500.0K |
| NET CASH FROM INVESTING | $19M |
| Net Debt Issuance | -$215M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$16M |
| Other Financing Activities | -$400.0K |
| NET CASH FROM FINANCING | -$231M |
| FREE CASH FLOW | $183M |
| Net Change in Cash | -$18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $75M |
| Short-Term Investments | $6.7B |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $361M |
| PP&E (Net) | $0 |
| Goodwill | $1.1B |
| Intangible Assets | $309M |
| Long-Term Investments | $7.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$7.7B |
| TOTAL NON-CURRENT ASSETS | $1.1B |
| TOTAL ASSETS | $11.5B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $26M |
| Other Current Liabilities | -$675M |
| TOTAL CURRENT LIABILITIES | $65M |
| Long-Term Debt | $909M |
| Deferred Revenue NC | -$26M |
| Deferred Tax Liabilities | $26M |
| Other Non-Current Liabilities | $7.6B |
| TOTAL NON-CURRENT LIABILITIES | $8.4B |
| TOTAL LIABILITIES | $8.5B |
| Common Stock | $7M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $1.4B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $22M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $11.5B |
| Total Debt | $909M |
| Net Debt | $834M |
