| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $699M | $567M | $717M | 23.2% | -2.5% |
| Op. Income | $227M | $132M | $243M | 72.6% | -6.6% |
| Gross Margin | 47.4% | 42.5% | 48.7% | 4.9pp | -1.3pp |
| Net Margin | 29.4% | 19.5% | 25.6% | 9.8pp | 3.8pp |
| EPS (Diluted) | $1.02 | $0.55 | $0.92 | 85.5% | 10.9% |
| Free Cash Flow | $218M | $51M | $95M | 328.1% | 129.9% |
| Item | Amount |
|---|---|
| REVENUE | $699M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $700.0K |
| SG&A Expenses | $700.0K |
| Other Expenses | $103M |
| Operating Expenses | $104M |
| Cost & Expenses | $472M |
| OPERATING INCOME | $227M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $81M |
| EBIT | $277M |
| EBITDA | $359M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $699M |
| Cost of Revenue | $368M |
| GROSS PROFIT | $331M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $700.0K |
| SG&A Expenses | $700.0K |
| Other Expenses | $103M |
| Operating Expenses | $104M |
| Cost & Expenses | $472M |
| OPERATING INCOME | $227M |
| Interest Income | $0 |
| Interest Expense | $42M |
| Other Income/Expenses | $8M |
| INCOME BEFORE TAX | $235M |
| Income Tax Expense | $30M |
| Net Income from Continuing Ops | $205M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $205M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $205M |
| D&A | $81M |
| EBIT | $277M |
| EBITDA | $359M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $205M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $44M |
| Other Non-Cash Items | -$22M |
| Change in Working Capital | $45M |
| OPERATING CASH FLOW | $358M |
| Capital Expenditure | -$140M |
| Acquisitions (Net) | -$6M |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$146M |
| Net Debt Issuance | -$54M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$66M |
| Other Financing Activities | -$100.0K |
| NET CASH FROM FINANCING | -$121M |
| FREE CASH FLOW | $218M |
| Net Change in Cash | $91M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $91M |
| Short-Term Investments | $0 |
| Net Receivables | $327M |
| Inventory | $197M |
| Other Current Assets | $28M |
| TOTAL CURRENT ASSETS | $642M |
| PP&E (Net) | $8.6B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $266M |
| TOTAL NON-CURRENT ASSETS | $10.1B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $172M |
| Short-Term Debt | $250M |
| Deferred Revenue | $83M |
| Other Current Liabilities | $161M |
| TOTAL CURRENT LIABILITIES | $841M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $1.6B |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $1.1B |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$19M |
| Other Equity | -$1.1B |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $10.7B |
| Total Debt | $3.1B |
| Net Debt | $3.1B |
