| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $665M | $660M | $545M | 0.7% | 22.0% |
| Op. Income | $150M | $211M | $20M | -28.9% | 653.2% |
| Gross Margin | 38.2% | 43.2% | 33.0% | -5.0pp | 5.2pp |
| Net Margin | 15.6% | 14.2% | -52.6% | 1.3pp | 68.2pp |
| EPS (Diluted) | $0.59 | $0.54 | $-1.66 | 9.3% | 135.5% |
| Free Cash Flow | -$860M | $37M | $6M | -2406.8% | -14373.4% |
| Item | Amount |
|---|---|
| REVENUE | $665M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $254M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | -$10M |
| Operating Expenses | $89M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $150M |
| Interest Income | $4M |
| Interest Expense | $47M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | -$872.0K |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $261M |
| EBIT | $150M |
| EBITDA | $411M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $665M |
| Cost of Revenue | $411M |
| GROSS PROFIT | $254M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $43M |
| Other Expenses | -$10M |
| Operating Expenses | $89M |
| Cost & Expenses | $500M |
| OPERATING INCOME | $150M |
| Interest Income | $4M |
| Interest Expense | $47M |
| Other Income/Expenses | -$36M |
| INCOME BEFORE TAX | $106M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $113M |
| Net Income from Discontinued Ops | -$872.0K |
| Other Adjustments | $0 |
| NET INCOME | $103M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $103M |
| D&A | $261M |
| EBIT | $150M |
| EBITDA | $411M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $103M |
| Depreciation & Amortization | $221M |
| Stock-Based Compensation | -$2M |
| Deferred Income Tax | -$45M |
| Other Non-Cash Items | -$176M |
| Change in Working Capital | -$2M |
| OPERATING CASH FLOW | $148M |
| Capital Expenditure | -$1.0B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $254.0K |
| NET CASH FROM INVESTING | -$1.0B |
| Net Debt Issuance | -$164.0K |
| Common Stock Repurchased | -$1M |
| Common Dividends Paid | -$43M |
| Other Financing Activities | $325M |
| NET CASH FROM FINANCING | $280M |
| FREE CASH FLOW | -$860M |
| Net Change in Cash | -$488M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $387M |
| Short-Term Investments | $0 |
| Net Receivables | $332M |
| Inventory | $88M |
| Other Current Assets | $178M |
| TOTAL CURRENT ASSETS | $880M |
| PP&E (Net) | $9.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $360M |
| Other Non-Current Assets | $56M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $11.1B |
| Account Payables | $348M |
| Short-Term Debt | $11M |
| Deferred Revenue | -$596M |
| Other Current Liabilities | $199M |
| TOTAL CURRENT LIABILITIES | $846M |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $624M |
| Deferred Tax Liabilities | $130M |
| Other Non-Current Liabilities | $1.5B |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $5.9B |
| Common Stock | $195M |
| Additional Paid-In Capital | $980M |
| Retained Earnings | $5.5B |
| Treasury Stock | -$1.2B |
| Accum. Other Comp. Income | -$610M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.8B |
| Minority Interest | $368M |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $11.1B |
| Total Debt | $3.2B |
| Net Debt | $2.9B |
