| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $3.1B | $2.5B | -25.4% | -5.9% |
| Op. Income | $592M | $955M | $693M | -38.0% | -14.6% |
| Gross Margin | 45.4% | 47.3% | 46.4% | -1.9pp | -1.0pp |
| Net Margin | 22.9% | 32.7% | 23.8% | -9.8pp | -1.0pp |
| EPS (Diluted) | $0.32 | $0.58 | $0.32 | -44.8% | 0.0% |
| Free Cash Flow | $664M | $639M | $798M | 4.0% | -16.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $292M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $175M |
| Other Expenses | $0 |
| Operating Expenses | $466M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $592M |
| Interest Income | $19M |
| Interest Expense | $22M |
| Other Income/Expenses | -$377.0K |
| INCOME BEFORE TAX | $591M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $533M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $533M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $533M |
| D&A | $80M |
| EBIT | $613M |
| EBITDA | $693M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $292M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $175M |
| Other Expenses | $0 |
| Operating Expenses | $466M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $592M |
| Interest Income | $19M |
| Interest Expense | $22M |
| Other Income/Expenses | -$377.0K |
| INCOME BEFORE TAX | $591M |
| Income Tax Expense | $58M |
| Net Income from Continuing Ops | $533M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $533M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $533M |
| D&A | $80M |
| EBIT | $613M |
| EBITDA | $693M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $533M |
| Depreciation & Amortization | $80M |
| Stock-Based Compensation | $50M |
| Deferred Income Tax | -$84M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | $137M |
| OPERATING CASH FLOW | $720M |
| Capital Expenditure | -$56M |
| Acquisitions (Net) | $56M |
| Purchases of Investments | -$613M |
| Sales/Maturities of Investments | $137M |
| Other Investing Activities | -$197M |
| NET CASH FROM INVESTING | -$672M |
| Net Debt Issuance | -$80M |
| Common Stock Repurchased | -$1.7B |
| Common Dividends Paid | -$174M |
| Other Financing Activities | -$9.0K |
| NET CASH FROM FINANCING | -$2.0B |
| FREE CASH FLOW | $664M |
| Net Change in Cash | -$1.9B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2.6B |
| Short-Term Investments | $1.1B |
| Net Receivables | $1.8B |
| Inventory | $1.9B |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $7.5B |
| PP&E (Net) | $951M |
| Goodwill | $1.5B |
| Intangible Assets | $283M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $723M |
| TOTAL NON-CURRENT ASSETS | $3.4B |
| TOTAL ASSETS | $11.0B |
| Account Payables | $384M |
| Short-Term Debt | $550M |
| Deferred Revenue | $542M |
| Other Current Liabilities | $696M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $946M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $153.0K |
| Additional Paid-In Capital | $6.2B |
| Retained Earnings | $8.8B |
| Treasury Stock | -$9.6B |
| Accum. Other Comp. Income | -$58M |
| Other Equity | $59M |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $11.0B |
| Total Debt | $2.4B |
| Net Debt | -$213M |
