| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.0B | $4.1B | $4.5B | 23.2% | 10.7% |
| Op. Income | $344M | $89M | $217M | 284.9% | 58.5% |
| Gross Margin | 15.5% | 13.1% | 14.3% | 2.4pp | 1.3pp |
| Net Margin | 4.7% | 3.0% | 4.7% | 1.8pp | 0.1pp |
| EPS (Diluted) | $1.33 | $0.67 | $1.13 | 98.5% | 17.7% |
| Free Cash Flow | $151M | $43M | $112M | 248.9% | 34.8% |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $782M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $438M |
| Other Expenses | $0 |
| Operating Expenses | $438M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $344M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $320M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $45M |
| EBIT | $338M |
| EBITDA | $383M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $5.0B |
| Cost of Revenue | $4.2B |
| GROSS PROFIT | $782M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $438M |
| Other Expenses | $0 |
| Operating Expenses | $438M |
| Cost & Expenses | $4.7B |
| OPERATING INCOME | $344M |
| Interest Income | $0 |
| Interest Expense | $18M |
| Other Income/Expenses | -$24M |
| INCOME BEFORE TAX | $320M |
| Income Tax Expense | $81M |
| Net Income from Continuing Ops | $239M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $239M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $239M |
| D&A | $45M |
| EBIT | $338M |
| EBITDA | $383M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $239M |
| Depreciation & Amortization | $45M |
| Stock-Based Compensation | $29M |
| Deferred Income Tax | $4M |
| Other Non-Cash Items | $52M |
| Change in Working Capital | -$138M |
| OPERATING CASH FLOW | $231M |
| Capital Expenditure | -$80M |
| Acquisitions (Net) | $79.7B |
| Purchases of Investments | -$5M |
| Sales/Maturities of Investments | $77.0K |
| Other Investing Activities | -$79.7B |
| NET CASH FROM INVESTING | -$84M |
| Net Debt Issuance | $126M |
| Common Stock Repurchased | -$211M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $5M |
| NET CASH FROM FINANCING | -$80M |
| FREE CASH FLOW | $151M |
| Net Change in Cash | $66M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $76M |
| Short-Term Investments | $0 |
| Net Receivables | $101M |
| Inventory | $2.3B |
| Other Current Assets | $520M |
| TOTAL CURRENT ASSETS | $3.0B |
| PP&E (Net) | $2.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $55M |
| Other Non-Current Assets | $12.0B |
| TOTAL NON-CURRENT ASSETS | $14.8B |
| TOTAL ASSETS | $17.8B |
| Account Payables | $586M |
| Short-Term Debt | $383M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.3B |
| Long-Term Debt | $12.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $223M |
| TOTAL NON-CURRENT LIABILITIES | $13.1B |
| TOTAL LIABILITIES | $14.4B |
| Common Stock | $88M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$55M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $17.8B |
| Total Debt | $13.3B |
| Net Debt | $13.2B |
