| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $5.8B | $5.8B | $5.3B | -0.7% | 8.5% |
| Op. Income | -$1.8B | $894M | $524M | -305.9% | -451.3% |
| Gross Margin | 54.0% | 54.1% | 53.1% | -0.1pp | 0.9pp |
| Net Margin | -41.7% | 4.7% | 21.0% | -46.4pp | -62.7pp |
| EPS (Diluted) | $-2.26 | $0.25 | $1.26 | -1004.0% | -279.4% |
| Free Cash Flow | $1.1B | $1.1B | $434M | -2.0% | 149.1% |
| Item | Amount |
|---|---|
| REVENUE | $5.8B |
| Cost of Revenue | $2.7B |
| GROSS PROFIT | $3.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $98M |
| General & Administrative | $876M |
| SG&A Expenses | $974M |
| Other Expenses | $15M |
| Operating Expenses | $2.2B |
| Cost & Expenses | $4.9B |
| OPERATING INCOME | -$1.8B |
| Interest Income | $0 |
| Interest Expense | $539M |
| Other Income/Expenses | -$524M |
| INCOME BEFORE TAX | -$2.4B |
| Income Tax Expense | $47M |
| Net Income from Continuing Ops | -$2.4B |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$2.4B |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$2.4B |
| D&A | $1.3B |
| EBIT | -$1.8B |
| EBITDA | -$564M |
| EPS | -$2 |
| EPS Diluted | -$2 |
| Item | Amount |
|---|---|
| Net Income | -$2.4B |
| Depreciation & Amortization | $1.3B |
| Stock-Based Compensation | $42M |
| Deferred Income Tax | $36M |
| Other Non-Cash Items | $2.7B |
| Change in Working Capital | $340M |
| OPERATING CASH FLOW | $2.0B |
| Capital Expenditure | -$915M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $33M |
| NET CASH FROM INVESTING | -$882M |
| Net Debt Issuance | -$437M |
| Common Stock Repurchased | $25M |
| Common Dividends Paid | -$577M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$1.0B |
| FREE CASH FLOW | $1.1B |
| Net Change in Cash | $98M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $488M |
| Short-Term Investments | $0 |
| Net Receivables | $2.5B |
| Inventory | $120M |
| Other Current Assets | $373M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $26.2B |
| Goodwill | $28.0B |
| Intangible Assets | $10.8B |
| Long-Term Investments | $150M |
| Tax Assets | -$150M |
| Other Non-Current Assets | $12.1B |
| TOTAL NON-CURRENT ASSETS | $66.4B |
| TOTAL ASSETS | $70.2B |
| Account Payables | $1.5B |
| Short-Term Debt | $652M |
| Deferred Revenue | $832M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $5.4B |
| Long-Term Debt | $35.4B |
| Deferred Revenue NC | $2.5B |
| Deferred Tax Liabilities | $2.5B |
| Other Non-Current Liabilities | $6.8B |
| TOTAL NON-CURRENT LIABILITIES | $45.0B |
| TOTAL LIABILITIES | $50.4B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $22.9B |
| Retained Earnings | -$1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $19.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $19.8B |
| TOTAL LIABILITIES & EQUITY | $70.2B |
| Total Debt | $36.1B |
| Net Debt | $35.6B |
