| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.0B | $817M | $783M | 24.6% | 29.9% |
| Op. Income | $167M | -$114M | -$60M | 246.1% | 380.0% |
| Gross Margin | 23.5% | -6.8% | 1.3% | 30.3pp | 22.2pp |
| Net Margin | 13.3% | -10.0% | -5.4% | 23.4pp | 18.8pp |
| EPS (Diluted) | $2.45 | $-1.48 | $-0.77 | 265.5% | 418.2% |
| Free Cash Flow | $166M | $51M | $72M | 226.4% | 130.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $779M |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $72M |
| Operating Expenses | $72M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $167M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $15M |
| EBIT | $171M |
| EBITDA | $187M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $1.0B |
| Cost of Revenue | $779M |
| GROSS PROFIT | $239M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $72M |
| Operating Expenses | $72M |
| Cost & Expenses | $851M |
| OPERATING INCOME | $167M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $167M |
| Income Tax Expense | $31M |
| Net Income from Continuing Ops | $136M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $136M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $136M |
| D&A | $15M |
| EBIT | $171M |
| EBITDA | $187M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $136M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $16.0K |
| Deferred Income Tax | -$111M |
| Other Non-Cash Items | $8M |
| Change in Working Capital | $127M |
| OPERATING CASH FLOW | $175M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$403M |
| Sales/Maturities of Investments | $226M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$185M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $453.0K |
| NET CASH FROM FINANCING | -$34M |
| FREE CASH FLOW | $166M |
| Net Change in Cash | -$44M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $270M |
| Short-Term Investments | $367M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $637M |
| PP&E (Net) | $197M |
| Goodwill | $43M |
| Intangible Assets | $14M |
| Long-Term Investments | $4.1B |
| Tax Assets | $6M |
| Other Non-Current Assets | -$4.0B |
| TOTAL NON-CURRENT ASSETS | $304M |
| TOTAL ASSETS | $5.6B |
| Account Payables | $137M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$137M |
| TOTAL CURRENT LIABILITIES | $27M |
| Long-Term Debt | $372M |
| Deferred Revenue NC | -$50M |
| Deferred Tax Liabilities | $6M |
| Other Non-Current Liabilities | $3.5B |
| TOTAL NON-CURRENT LIABILITIES | $3.9B |
| TOTAL LIABILITIES | $3.9B |
| 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 | $5.6B |
| Total Debt | $415M |
| Net Debt | $145M |
