| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.9B | $1.6B | -12.7% | 0.9% |
| Op. Income | $127M | $315M | $110M | -59.7% | 15.2% |
| Gross Margin | 14.9% | 17.1% | 16.8% | -2.3pp | -2.0pp |
| Net Margin | 3.3% | 10.4% | 30.2% | -7.2pp | -26.9pp |
| EPS (Diluted) | $0.32 | $1.16 | $2.89 | -72.4% | -88.9% |
| Free Cash Flow | $211M | $224M | $109M | -5.7% | 92.7% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $243M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | -$2M |
| Operating Expenses | $116M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $127M |
| Interest Income | $500.0K |
| Interest Expense | $59M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $150M |
| EBIT | $140M |
| EBITDA | $290M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $243M |
| R&D Expenses | $15M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $104M |
| Other Expenses | -$2M |
| Operating Expenses | $116M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $127M |
| Interest Income | $500.0K |
| Interest Expense | $59M |
| Other Income/Expenses | -$53M |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $21M |
| Net Income from Continuing Ops | $53M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $53M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $53M |
| D&A | $150M |
| EBIT | $140M |
| EBITDA | $290M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $53M |
| Depreciation & Amortization | $150M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$8M |
| Other Non-Cash Items | -$5M |
| Change in Working Capital | $129M |
| OPERATING CASH FLOW | $322M |
| Capital Expenditure | -$111M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | -$122M |
| Common Stock Repurchased | -$33M |
| Common Dividends Paid | -$33M |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | -$189M |
| FREE CASH FLOW | $211M |
| Net Change in Cash | $22M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $179M |
| Short-Term Investments | $0 |
| Net Receivables | $782M |
| Inventory | $711M |
| Other Current Assets | $35M |
| TOTAL CURRENT ASSETS | $1.7B |
| PP&E (Net) | $3.5B |
| Goodwill | $2.1B |
| Intangible Assets | $512M |
| Long-Term Investments | $9M |
| Tax Assets | $26M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $7.3B |
| TOTAL ASSETS | $9.0B |
| Account Payables | $637M |
| Short-Term Debt | $126M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $44M |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $1.4B |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $6.2B |
| Common Stock | $165M |
| Additional Paid-In Capital | $2.2B |
| Retained Earnings | $1.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$651M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.8B |
| TOTAL LIABILITIES & EQUITY | $9.0B |
| Total Debt | $3.2B |
| Net Debt | $3.1B |
