| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $512M | $699M | $502M | -26.8% | 2.0% |
| Op. Income | $58M | $227M | $80M | -74.5% | -27.2% |
| Gross Margin | 31.6% | 47.4% | 35.3% | -15.8pp | -3.7pp |
| Net Margin | 10.7% | 29.4% | 58.7% | -18.7pp | -48.0pp |
| EPS (Diluted) | $0.27 | $1.02 | $1.48 | -73.5% | -81.8% |
| Free Cash Flow | $80M | $218M | $160M | -63.4% | -50.1% |
| Item | Amount |
|---|---|
| REVENUE | $512M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $100.0K |
| SG&A Expenses | $100.0K |
| Other Expenses | $103M |
| Operating Expenses | $104M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $14M |
| 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 | $81M |
| EBIT | $108M |
| EBITDA | $189M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $512M |
| Cost of Revenue | $350M |
| GROSS PROFIT | $162M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $100.0K |
| SG&A Expenses | $100.0K |
| Other Expenses | $103M |
| Operating Expenses | $104M |
| Cost & Expenses | $454M |
| OPERATING INCOME | $58M |
| Interest Income | $0 |
| Interest Expense | $40M |
| Other Income/Expenses | $11M |
| INCOME BEFORE TAX | $69M |
| Income Tax Expense | $14M |
| 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 | $81M |
| EBIT | $108M |
| EBITDA | $189M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $55M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | $15M |
| Other Non-Cash Items | -$28M |
| Change in Working Capital | $113M |
| OPERATING CASH FLOW | $239M |
| Capital Expenditure | -$160M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $100.0K |
| NET CASH FROM INVESTING | -$163M |
| Net Debt Issuance | -$100.0K |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$73M |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$73M |
| FREE CASH FLOW | $80M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $94M |
| Short-Term Investments | $0 |
| Net Receivables | $249M |
| Inventory | $184M |
| Other Current Assets | $30M |
| TOTAL CURRENT ASSETS | $557M |
| PP&E (Net) | $8.7B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $1.2B |
| Tax Assets | $0 |
| Other Non-Current Assets | $297M |
| TOTAL NON-CURRENT ASSETS | $10.2B |
| TOTAL ASSETS | $10.7B |
| Account Payables | $239M |
| Short-Term Debt | $250M |
| Deferred Revenue | $84M |
| Other Current Liabilities | $135M |
| TOTAL CURRENT LIABILITIES | $869M |
| Long-Term Debt | $2.9B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.3B |
| Other Non-Current Liabilities | $1.7B |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $6.7B |
| Common Stock | $1.1B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $2.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$29M |
| Other Equity | $0 |
| 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 |
