| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.3B | $2.4B | $2.3B | -1.5% | 1.2% |
| Op. Income | $313M | $226M | $250M | 38.8% | 25.2% |
| Gross Margin | 66.2% | 67.7% | 67.1% | -1.5pp | -0.9pp |
| Net Margin | -5.5% | 95.3% | -3.3% | -100.8pp | -2.2pp |
| EPS (Diluted) | $-0.17 | $3.04 | $-0.12 | -105.6% | -41.7% |
| Free Cash Flow | $173M | $557M | -$23M | -68.9% | 854.8% |
| Item | Amount |
|---|---|
| REVENUE | $2.3B |
| Cost of Revenue | $787M |
| GROSS PROFIT | $1.5B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $1.2B |
| Operating Expenses | $1.2B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $313M |
| Interest Income | $3M |
| Interest Expense | $377M |
| Other Income/Expenses | -$503M |
| INCOME BEFORE TAX | -$190M |
| Income Tax Expense | -$61M |
| Net Income from Continuing Ops | -$129M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$129M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$129M |
| D&A | $643M |
| EBIT | $317M |
| EBITDA | $959M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$129M |
| Depreciation & Amortization | $643M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | -$66M |
| Other Non-Cash Items | $126M |
| Change in Working Capital | -$165M |
| OPERATING CASH FLOW | $431M |
| Capital Expenditure | -$258M |
| Acquisitions (Net) | -$32M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $249M |
| Other Investing Activities | -$248M |
| NET CASH FROM INVESTING | -$292M |
| Net Debt Issuance | $959M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$30M |
| NET CASH FROM FINANCING | $958M |
| FREE CASH FLOW | $173M |
| Net Change in Cash | $1.1B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $0 |
| Net Receivables | $352M |
| Inventory | $9M |
| Other Current Assets | $9M |
| TOTAL CURRENT ASSETS | $1.9B |
| PP&E (Net) | $5.8B |
| Goodwill | $8.0B |
| Intangible Assets | $17.9B |
| Long-Term Investments | $1.5B |
| Tax Assets | -$1.4B |
| Other Non-Current Assets | $1.6B |
| TOTAL NON-CURRENT ASSETS | $33.3B |
| TOTAL ASSETS | $35.3B |
| Account Payables | $726M |
| Short-Term Debt | $1.2B |
| Deferred Revenue | $122M |
| Other Current Liabilities | $624M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $21.8B |
| Deferred Revenue NC | $447M |
| Deferred Tax Liabilities | $4.7B |
| Other Non-Current Liabilities | $591M |
| TOTAL NON-CURRENT LIABILITIES | $27.1B |
| TOTAL LIABILITIES | $29.9B |
| Common Stock | $7M |
| Additional Paid-In Capital | $4.7B |
| Retained Earnings | $714M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.4B |
| Minority Interest | $2M |
| TOTAL EQUITY | $5.4B |
| TOTAL LIABILITIES & EQUITY | $35.3B |
| Total Debt | $23.0B |
| Net Debt | $21.5B |
