| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.3B | $3.7B | 2.8% | -37.5% |
| Op. Income | $18M | -$7.9B | $323M | 100.2% | -94.5% |
| Gross Margin | 34.7% | 35.9% | 32.8% | -1.2pp | 1.8pp |
| Net Margin | 8.9% | -312.3% | 44.2% | 321.2pp | -35.3pp |
| EPS (Diluted) | $0.46 | $-15.10 | $3.38 | 103.0% | -86.4% |
| Free Cash Flow | $388M | $499M | $877M | -22.4% | -55.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $1.5B |
| GROSS PROFIT | $812M |
| R&D Expenses | $151M |
| Selling & Marketing | $397M |
| General & Administrative | $165M |
| SG&A Expenses | $562M |
| Other Expenses | $500.0K |
| Operating Expenses | $619M |
| Cost & Expenses | $2.1B |
| OPERATING INCOME | $18M |
| Interest Income | $0 |
| Interest Expense | $104M |
| Other Income/Expenses | -$108M |
| INCOME BEFORE TAX | -$90M |
| Income Tax Expense | -$227M |
| Net Income from Continuing Ops | $137M |
| Net Income from Discontinued Ops | $71M |
| Other Adjustments | $0 |
| NET INCOME | $208M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $208M |
| D&A | $96M |
| EBIT | $193M |
| EBITDA | $289M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $208M |
| Depreciation & Amortization | $96M |
| Stock-Based Compensation | $18M |
| Deferred Income Tax | -$405M |
| Other Non-Cash Items | $193M |
| Change in Working Capital | $388M |
| OPERATING CASH FLOW | $498M |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | $2.4B |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | $2.2B |
| Net Debt Issuance | -$2.6B |
| Common Stock Repurchased | -$1.0B |
| Common Dividends Paid | -$102M |
| Other Financing Activities | $19M |
| NET CASH FROM FINANCING | -$3.7B |
| FREE CASH FLOW | $388M |
| Net Change in Cash | -$948M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $496M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $1.6B |
| Other Current Assets | $3.8B |
| TOTAL CURRENT ASSETS | $7.7B |
| PP&E (Net) | $926M |
| Goodwill | $3.0B |
| Intangible Assets | $5.6B |
| Long-Term Investments | $0 |
| Tax Assets | $165M |
| Other Non-Current Assets | $327M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $17.7B |
| Account Payables | $1.0B |
| Short-Term Debt | $319M |
| Deferred Revenue | $1.3B |
| Other Current Liabilities | $683M |
| TOTAL CURRENT LIABILITIES | $3.3B |
| Long-Term Debt | $6.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.0B |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $9.1B |
| TOTAL LIABILITIES | $12.4B |
| Common Stock | $446M |
| Additional Paid-In Capital | $8.8B |
| Retained Earnings | -$2.5B |
| Treasury Stock | -$585M |
| Accum. Other Comp. Income | -$913M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $35M |
| TOTAL EQUITY | $5.3B |
| TOTAL LIABILITIES & EQUITY | $17.7B |
| Total Debt | $7.0B |
| Net Debt | $6.5B |
