| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $1.0B | 1.0% | 12.5% |
| Op. Income | $202M | $214M | $168M | -5.6% | 20.2% |
| Gross Margin | 53.6% | 54.6% | 54.6% | -1.0pp | -1.0pp |
| Net Margin | 13.5% | 15.1% | 12.4% | -1.6pp | 1.1pp |
| EPS (Diluted) | $1.11 | $1.23 | $0.91 | -9.8% | 22.0% |
| Free Cash Flow | $548M | $590M | $555M | -7.1% | -1.3% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $522M |
| GROSS PROFIT | $603M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $244M |
| SG&A Expenses | $244M |
| Other Expenses | $157M |
| Operating Expenses | $401M |
| Cost & Expenses | $923M |
| OPERATING INCOME | $202M |
| Interest Income | $956M |
| Interest Expense | $236M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $202M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $68M |
| EBIT | $202M |
| EBITDA | $270M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $522M |
| GROSS PROFIT | $603M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $244M |
| SG&A Expenses | $244M |
| Other Expenses | $157M |
| Operating Expenses | $401M |
| Cost & Expenses | $923M |
| OPERATING INCOME | $202M |
| Interest Income | $956M |
| Interest Expense | $236M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $202M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $152M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $152M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $152M |
| D&A | $68M |
| EBIT | $202M |
| EBITDA | $270M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $152M |
| Depreciation & Amortization | $68M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $296M |
| Change in Working Capital | $17M |
| OPERATING CASH FLOW | $548M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$154M |
| Sales/Maturities of Investments | $108M |
| Other Investing Activities | -$259M |
| NET CASH FROM INVESTING | -$305M |
| Net Debt Issuance | $902M |
| Common Stock Repurchased | -$5M |
| Common Dividends Paid | -$34M |
| Other Financing Activities | -$5M |
| NET CASH FROM FINANCING | $863M |
| FREE CASH FLOW | $548M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $497M |
| Net Receivables | $240M |
| Inventory | $0 |
| Other Current Assets | -$240M |
| TOTAL CURRENT ASSETS | $3.5B |
| PP&E (Net) | $160M |
| Goodwill | $1.4B |
| Intangible Assets | $372M |
| Long-Term Investments | $1.7B |
| Tax Assets | -$160M |
| Other Non-Current Assets | -$1.7B |
| TOTAL NON-CURRENT ASSETS | $1.8B |
| TOTAL ASSETS | $21.4B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $16.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $16.1B |
| TOTAL LIABILITIES | $17.4B |
| Common Stock | $1M |
| Additional Paid-In Capital | $1.7B |
| Retained Earnings | $2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.0B |
| TOTAL LIABILITIES & EQUITY | $21.4B |
| Total Debt | $16.1B |
| Net Debt | $14.4B |
