| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $4.1B | $4.4B | $4.0B | -6.4% | 0.8% |
| Op. Income | $89M | $242M | $130M | -63.1% | -31.5% |
| Gross Margin | 13.1% | 15.6% | 13.9% | -2.4pp | -0.7pp |
| Net Margin | 3.0% | 3.4% | 3.8% | -0.4pp | -0.8pp |
| EPS (Diluted) | $0.67 | $0.81 | $0.81 | -17.3% | -17.3% |
| Free Cash Flow | $43M | -$347M | -$228M | 112.5% | 119.0% |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $537M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $409M |
| Other Expenses | -$39M |
| Operating Expenses | $447M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $89M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $121M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $47M |
| EBIT | $230M |
| EBITDA | $277M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $4.1B |
| Cost of Revenue | $3.5B |
| GROSS PROFIT | $537M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $409M |
| Other Expenses | -$39M |
| Operating Expenses | $447M |
| Cost & Expenses | $4.0B |
| OPERATING INCOME | $89M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | $121M |
| INCOME BEFORE TAX | $210M |
| Income Tax Expense | $88M |
| Net Income from Continuing Ops | $122M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $122M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $122M |
| D&A | $47M |
| EBIT | $230M |
| EBITDA | $277M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $122M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $67M |
| Other Non-Cash Items | $51M |
| Change in Working Capital | -$183M |
| OPERATING CASH FLOW | $113M |
| Capital Expenditure | -$69M |
| Acquisitions (Net) | $69M |
| Purchases of Investments | -$124.0K |
| Sales/Maturities of Investments | $1M |
| Other Investing Activities | -$80M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $107M |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | -$15M |
| FREE CASH FLOW | $43M |
| Net Change in Cash | $18M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $45M |
| Short-Term Investments | $0 |
| Net Receivables | $133M |
| Inventory | $2.4B |
| Other Current Assets | $493M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $2.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $81M |
| Tax Assets | $63M |
| Other Non-Current Assets | $11.7B |
| TOTAL NON-CURRENT ASSETS | $14.4B |
| TOTAL ASSETS | $17.5B |
| Account Payables | $530M |
| Short-Term Debt | $356M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $99M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $12.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $243M |
| TOTAL NON-CURRENT LIABILITIES | $13.0B |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $90M |
| Additional Paid-In Capital | $1.2B |
| Retained Earnings | $2.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$54M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.3B |
| TOTAL LIABILITIES & EQUITY | $17.5B |
| Total Debt | $13.1B |
| Net Debt | $13.1B |
