| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $493M | $502M | $456M | -1.8% | 8.0% |
| Op. Income | $61M | $80M | $44M | -24.1% | 38.1% |
| Gross Margin | 34.4% | 35.3% | 27.5% | -0.9pp | 6.9pp |
| Net Margin | 11.2% | 58.7% | 7.9% | -47.6pp | 3.3pp |
| EPS (Diluted) | $0.27 | $1.48 | $0.18 | -81.8% | 50.0% |
| Free Cash Flow | $30M | $160M | -$129M | -81.4% | 123.0% |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$1M |
| SG&A Expenses | $5M |
| Other Expenses | $98M |
| Operating Expenses | $103M |
| Cost & Expenses | $426M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $79M |
| EBIT | $107M |
| EBITDA | $186M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $323M |
| GROSS PROFIT | $170M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | -$1M |
| SG&A Expenses | $5M |
| Other Expenses | $98M |
| Operating Expenses | $103M |
| Cost & Expenses | $426M |
| OPERATING INCOME | $61M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $65M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $55M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $55M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $79M |
| EBIT | $107M |
| EBITDA | $186M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $79M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $7M |
| Other Non-Cash Items | -$3M |
| Change in Working Capital | $26M |
| OPERATING CASH FLOW | $167M |
| Capital Expenditure | -$137M |
| Acquisitions (Net) | -$200.0K |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $2M |
| NET CASH FROM INVESTING | -$138M |
| Net Debt Issuance | $26M |
| Common Stock Repurchased | -$400.0K |
| Common Dividends Paid | -$67M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$42M |
| FREE CASH FLOW | $30M |
| Net Change in Cash | -$12M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $2M |
| Short-Term Investments | $0 |
| Net Receivables | $249M |
| Inventory | $197M |
| Other Current Assets | $46M |
| TOTAL CURRENT ASSETS | $494M |
| PP&E (Net) | $8.5B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $313M |
| TOTAL NON-CURRENT ASSETS | $9.9B |
| TOTAL ASSETS | $10.4B |
| Account Payables | $181M |
| Short-Term Debt | $694M |
| Deferred Revenue | $81M |
| Other Current Liabilities | $123M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $2.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $5.4B |
| TOTAL LIABILITIES | $6.6B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$23M |
| Other Equity | -$1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $3.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $3.8B |
| TOTAL LIABILITIES & EQUITY | $10.4B |
| Total Debt | $3.2B |
| Net Debt | $3.2B |
