| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | — | $2.6B | — | -7.0% |
| Op. Income | $60M | — | $267M | — | -77.5% |
| Gross Margin | 16.9% | — | 24.4% | — | -7.5pp |
| Net Margin | -2.5% | — | 3.5% | — | -6.0pp |
| EPS (Diluted) | $-11.00 | — | $17.00 | — | -164.7% |
| Free Cash Flow | $26M | — | $265M | — | -90.1% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $2.0B |
| GROSS PROFIT | $410M |
| R&D Expenses | $0 |
| Selling & Marketing | $143M |
| General & Administrative | $162M |
| SG&A Expenses | $305M |
| Other Expenses | $27M |
| Operating Expenses | $332M |
| Cost & Expenses | $2.3B |
| OPERATING INCOME | $60M |
| Interest Income | $6M |
| Interest Expense | $138M |
| Other Income/Expenses | -$104M |
| INCOME BEFORE TAX | -$44M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | -$57M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$60M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$60M |
| D&A | $352M |
| EBIT | $95M |
| EBITDA | $447M |
| EPS | -$11 |
| EPS Diluted | -$11 |
| Item | Amount |
|---|---|
| Net Income | -$60M |
| Depreciation & Amortization | $336M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$52M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $227M |
| Capital Expenditure | -$200M |
| Acquisitions (Net) | -$11M |
| Purchases of Investments | -$824M |
| Sales/Maturities of Investments | $729M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$289M |
| Net Debt Issuance | $194M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$74M |
| NET CASH FROM FINANCING | $120M |
| FREE CASH FLOW | $26M |
| Net Change in Cash | $43M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $427M |
| Net Receivables | $1.4B |
| Inventory | $302M |
| Other Current Assets | $52M |
| TOTAL CURRENT ASSETS | $3.4B |
| PP&E (Net) | $12.6B |
| Goodwill | $2.3B |
| Intangible Assets | $1.4B |
| Long-Term Investments | $20M |
| Tax Assets | $272M |
| Other Non-Current Assets | $281M |
| TOTAL NON-CURRENT ASSETS | $16.9B |
| TOTAL ASSETS | $20.2B |
| Account Payables | $966M |
| Short-Term Debt | $917M |
| Deferred Revenue | $2.2B |
| Other Current Liabilities | $30M |
| TOTAL CURRENT LIABILITIES | $5.8B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $628M |
| Deferred Tax Liabilities | $779M |
| Other Non-Current Liabilities | $865M |
| TOTAL NON-CURRENT LIABILITIES | $11.1B |
| TOTAL LIABILITIES | $16.9B |
| Common Stock | $3.1B |
| Additional Paid-In Capital | $3.1B |
| Retained Earnings | $159M |
| Treasury Stock | -$178.0K |
| Accum. Other Comp. Income | -$37M |
| Other Equity | -$3.1B |
| TOTAL STOCKHOLDERS' EQUITY | $3.3B |
| Minority Interest | $94M |
| TOTAL EQUITY | $3.4B |
| TOTAL LIABILITIES & EQUITY | $20.2B |
| Total Debt | $10.6B |
| Net Debt | $9.4B |
