| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $817M | $895M | $857M | -8.7% | -4.7% |
| Op. Income | -$114M | $70M | $9M | -262.8% | -1306.4% |
| Gross Margin | -6.8% | 15.5% | 7.5% | -22.3pp | -14.3pp |
| Net Margin | -10.0% | 6.5% | 2.3% | -16.6pp | -12.3pp |
| EPS (Diluted) | $-1.48 | $1.06 | $0.36 | -239.6% | -511.1% |
| Free Cash Flow | $51M | $134M | $60M | -61.9% | -14.8% |
| Item | Amount |
|---|---|
| REVENUE | $817M |
| Cost of Revenue | $872M |
| GROSS PROFIT | -$56M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $59M |
| Operating Expenses | $59M |
| Cost & Expenses | $931M |
| OPERATING INCOME | -$114M |
| Interest Income | $0 |
| Interest Expense | $4M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | -$114M |
| Income Tax Expense | -$33M |
| Net Income from Continuing Ops | -$82M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$82M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$82M |
| D&A | $15M |
| EBIT | -$110M |
| EBITDA | -$95M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$82M |
| Depreciation & Amortization | $15M |
| Stock-Based Compensation | $41.0K |
| Deferred Income Tax | $85M |
| Other Non-Cash Items | $16M |
| Change in Working Capital | $24M |
| OPERATING CASH FLOW | $58M |
| Capital Expenditure | -$7M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$407M |
| Sales/Maturities of Investments | $442M |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | $29M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$35M |
| Other Financing Activities | $18.0K |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $51M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $314M |
| Short-Term Investments | $253M |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $568M |
| PP&E (Net) | $153M |
| Goodwill | $43M |
| Intangible Assets | $16M |
| Long-Term Investments | $3.8B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$3.8B |
| TOTAL NON-CURRENT ASSETS | $211M |
| TOTAL ASSETS | $5.4B |
| Account Payables | $115M |
| Short-Term Debt | $0 |
| Deferred Revenue | $13M |
| Other Current Liabilities | -$115M |
| TOTAL CURRENT LIABILITIES | $52M |
| Long-Term Debt | $372M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $3.4B |
| TOTAL NON-CURRENT LIABILITIES | $3.8B |
| TOTAL LIABILITIES | $3.8B |
| Common Stock | $98M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.6B |
| TOTAL LIABILITIES & EQUITY | $5.4B |
| Total Debt | $372M |
| Net Debt | $57M |
