| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $783M | $857M | $848M | -8.6% | -7.6% |
| Op. Income | -$60M | $9M | $31M | -729.3% | -295.1% |
| Gross Margin | 1.3% | 7.5% | 11.6% | -6.2pp | -10.3pp |
| Net Margin | -5.4% | 2.3% | 3.2% | -7.7pp | -8.6pp |
| EPS (Diluted) | $-0.77 | $0.36 | $0.49 | -313.9% | -257.1% |
| Free Cash Flow | $72M | $60M | $71M | 20.7% | 1.9% |
| Item | Amount |
|---|---|
| REVENUE | $783M |
| Cost of Revenue | $773M |
| GROSS PROFIT | $10M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $70M |
| Operating Expenses | $70M |
| Cost & Expenses | $843M |
| OPERATING INCOME | -$60M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$60M |
| Income Tax Expense | -$17M |
| Net Income from Continuing Ops | -$43M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$43M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$43M |
| D&A | $14M |
| EBIT | -$55M |
| EBITDA | -$41M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$43M |
| Depreciation & Amortization | $14M |
| Stock-Based Compensation | $23.0K |
| Deferred Income Tax | $59M |
| Other Non-Cash Items | $7M |
| Change in Working Capital | $41M |
| OPERATING CASH FLOW | $78M |
| Capital Expenditure | -$6M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$463M |
| Sales/Maturities of Investments | $421M |
| Other Investing Activities | $3M |
| NET CASH FROM INVESTING | -$45M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $72M |
| Net Change in Cash | -$1M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $290M |
| Short-Term Investments | $245M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $535M |
| PP&E (Net) | $146M |
| Goodwill | $43M |
| Intangible Assets | $20M |
| Long-Term Investments | $3.7B |
| Tax Assets | $7M |
| Other Non-Current Assets | -$3.7B |
| TOTAL NON-CURRENT ASSETS | $216M |
| TOTAL ASSETS | $5.1B |
| Account Payables | $132M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$132M |
| TOTAL CURRENT LIABILITIES | $63M |
| Long-Term Debt | $371M |
| Deferred Revenue NC | -$7M |
| Deferred Tax Liabilities | $7M |
| Other Non-Current Liabilities | $3.0B |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $3.4B |
| Common Stock | $98M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $5.1B |
| Total Debt | $371M |
| Net Debt | $81M |
