| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.4B | $1.4B | $1.4B | -3.9% | 0.7% |
| Op. Income | $107M | $147M | $182M | -27.2% | -41.2% |
| Gross Margin | 24.7% | 29.5% | 34.6% | -4.8pp | -10.0pp |
| Net Margin | 5.2% | 7.9% | -6.1% | -2.7pp | 11.3pp |
| EPS (Diluted) | $0.28 | $0.43 | $-0.32 | -34.9% | 187.5% |
| Free Cash Flow | $485M | $173M | $243M | 180.3% | 99.6% |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $343M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $127M |
| SG&A Expenses | $127M |
| Other Expenses | $109M |
| Operating Expenses | $236M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $107M |
| Interest Income | $1.3B |
| Interest Expense | $961M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $0 |
| EBIT | $107M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.4B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $343M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $127M |
| SG&A Expenses | $127M |
| Other Expenses | $109M |
| Operating Expenses | $236M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $107M |
| Interest Income | $1.3B |
| Interest Expense | $961M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $107M |
| Income Tax Expense | $35M |
| Net Income from Continuing Ops | $72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $72M |
| D&A | $0 |
| EBIT | $107M |
| EBITDA | $107M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $72M |
| Depreciation & Amortization | $47M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$47M |
| Other Non-Cash Items | $207M |
| Change in Working Capital | $203M |
| OPERATING CASH FLOW | $485M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $1M |
| Sales/Maturities of Investments | $12M |
| Other Investing Activities | $2.1B |
| NET CASH FROM INVESTING | $2.2B |
| Net Debt Issuance | -$2.4B |
| Common Stock Repurchased | -$125M |
| Common Dividends Paid | -$40M |
| Other Financing Activities | -$85M |
| NET CASH FROM FINANCING | -$2.6B |
| FREE CASH FLOW | $485M |
| Net Change in Cash | $14M |
