| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.5B | $3.8B | $3.4B | -7.6% | 3.6% |
| Op. Income | $113M | $70M | $65M | 61.4% | 74.9% |
| Gross Margin | 9.2% | 7.3% | 8.0% | 1.9pp | 1.2pp |
| Net Margin | 2.2% | 1.2% | 3.7% | 1.0pp | -1.5pp |
| EPS (Diluted) | $2.38 | $1.38 | $3.58 | 72.5% | -33.5% |
| Free Cash Flow | $116M | $14M | $61M | 705.6% | 91.6% |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $322M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $175M |
| Operating Expenses | $70M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $113M |
| Interest Income | $700.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $35M |
| EBIT | $114M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.5B |
| Cost of Revenue | $3.2B |
| GROSS PROFIT | $322M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $34M |
| SG&A Expenses | $34M |
| Other Expenses | $175M |
| Operating Expenses | $70M |
| Cost & Expenses | $3.4B |
| OPERATING INCOME | $113M |
| Interest Income | $700.0K |
| Interest Expense | $13M |
| Other Income/Expenses | -$13M |
| INCOME BEFORE TAX | $101M |
| Income Tax Expense | $23M |
| Net Income from Continuing Ops | $78M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $78M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $78M |
| D&A | $35M |
| EBIT | $114M |
| EBITDA | $149M |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $78M |
| Depreciation & Amortization | $35M |
| Stock-Based Compensation | -$9M |
| Deferred Income Tax | $24M |
| Other Non-Cash Items | $12M |
| Change in Working Capital | $18M |
| OPERATING CASH FLOW | $157M |
| Capital Expenditure | -$41M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$100.0K |
| NET CASH FROM INVESTING | -$41M |
| Net Debt Issuance | -$5M |
| Common Stock Repurchased | $144M |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$7M |
| FREE CASH FLOW | $116M |
| Net Change in Cash | $109M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $185M |
| Short-Term Investments | $0 |
| Net Receivables | $139M |
| Inventory | $222M |
| Other Current Assets | $1M |
| TOTAL CURRENT ASSETS | $570M |
| PP&E (Net) | $1.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $43M |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $2.4B |
| Account Payables | $275M |
| Short-Term Debt | $21M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $116M |
| TOTAL CURRENT LIABILITIES | $478M |
| Long-Term Debt | $842M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $192M |
| Other Non-Current Liabilities | $41M |
| TOTAL NON-CURRENT LIABILITIES | $1.1B |
| TOTAL LIABILITIES | $1.6B |
| Common Stock | $500.0K |
| Additional Paid-In Capital | $539M |
| Retained Earnings | $1.2B |
| Treasury Stock | -$940M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $807M |
| Minority Interest | $0 |
| TOTAL EQUITY | $807M |
| TOTAL LIABILITIES & EQUITY | $2.4B |
| Total Debt | $863M |
| Net Debt | $679M |
