| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $2.8B | $2.9B | 5.0% | 1.1% |
| Op. Income | $283M | $209M | $252M | 35.3% | 12.0% |
| Gross Margin | 71.5% | 71.8% | 72.6% | -0.3pp | -1.1pp |
| Net Margin | -46.5% | 452.2% | 0.9% | -498.7pp | -47.3pp |
| EPS (Diluted) | $-2.21 | $0.77 | $-0.45 | -387.0% | -391.1% |
| Free Cash Flow | $1.2B | $367M | $1.4B | 213.9% | -20.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $850M |
| GROSS PROFIT | $2.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $531M |
| Other Expenses | $1.3B |
| Operating Expenses | $1.8B |
| Cost & Expenses | $2.7B |
| OPERATING INCOME | $283M |
| Interest Income | $0 |
| Interest Expense | $315M |
| Other Income/Expenses | -$1.4B |
| INCOME BEFORE TAX | -$1.1B |
| Income Tax Expense | $269M |
| Net Income from Continuing Ops | -$1.3B |
| Net Income from Discontinued Ops | $5M |
| Other Adjustments | $0 |
| NET INCOME | -$1.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$1.4B |
| D&A | $898M |
| EBIT | $347M |
| EBITDA | $1.2B |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$1.4B |
| Depreciation & Amortization | $911M |
| Stock-Based Compensation | $78M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $722M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $1.5B |
| Capital Expenditure | -$343M |
| Acquisitions (Net) | -$23M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $98M |
| NET CASH FROM INVESTING | -$268M |
| Net Debt Issuance | -$500M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$488M |
| FREE CASH FLOW | $1.2B |
| Net Change in Cash | $771M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $8.1B |
| Short-Term Investments | $271M |
| Net Receivables | $1.4B |
| Inventory | $0 |
| Other Current Assets | $736M |
| TOTAL CURRENT ASSETS | $10.6B |
| PP&E (Net) | $14.4B |
| Goodwill | $14.1B |
| Intangible Assets | $572M |
| Long-Term Investments | $4.9B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.6B |
| TOTAL NON-CURRENT ASSETS | $38.5B |
| TOTAL ASSETS | $49.0B |
| Account Payables | $964M |
| Short-Term Debt | $4.3B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.2B |
| TOTAL CURRENT LIABILITIES | $8.7B |
| Long-Term Debt | $24.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.2B |
| TOTAL NON-CURRENT LIABILITIES | $27.2B |
| TOTAL LIABILITIES | $35.8B |
| Common Stock | $6M |
| Additional Paid-In Capital | $6.1B |
| Retained Earnings | $6.4B |
| Treasury Stock | -$100.0K |
| Accum. Other Comp. Income | $1.1B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $13.6B |
| Minority Interest | -$408M |
| TOTAL EQUITY | $13.2B |
| TOTAL LIABILITIES & EQUITY | $49.0B |
| Total Debt | $30.3B |
| Net Debt | $22.2B |
