| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.9B | $1.3B | $1.3B | 45.8% | 40.5% |
| Op. Income | $518M | -$137M | -$6M | 477.5% | 8459.7% |
| Gross Margin | 28.7% | -9.7% | 0.9% | 38.4pp | 27.8pp |
| Net Margin | 22.1% | -8.3% | 0.3% | 30.4pp | 21.8pp |
| EPS (Diluted) | $1.37 | $-0.36 | $0.01 | 480.6% | 13600.0% |
| Free Cash Flow | $136M | $163M | $131M | -16.6% | 4.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $537M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $18M |
| Operating Expenses | $18M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $518M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $519M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $412M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $412M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $412M |
| D&A | $0 |
| EBIT | $529M |
| EBITDA | $529M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.9B |
| Cost of Revenue | $1.3B |
| GROSS PROFIT | $537M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $18M |
| Operating Expenses | $18M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $518M |
| Interest Income | $0 |
| Interest Expense | $11M |
| Other Income/Expenses | $200.0K |
| INCOME BEFORE TAX | $519M |
| Income Tax Expense | $106M |
| Net Income from Continuing Ops | $412M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$100.0K |
| NET INCOME | $412M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $412M |
| D&A | $0 |
| EBIT | $529M |
| EBITDA | $529M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $412M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $101M |
| Other Non-Cash Items | -$472M |
| Change in Working Capital | $95M |
| OPERATING CASH FLOW | $136M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$539M |
| Sales/Maturities of Investments | $467M |
| Other Investing Activities | -$9M |
| NET CASH FROM INVESTING | -$81M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$60M |
| Other Financing Activities | $200.0K |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | $136M |
| Net Change in Cash | -$8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.9B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $320M |
| Long-Term Investments | $3.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | -$320M |
| TOTAL NON-CURRENT ASSETS | $3.7B |
| TOTAL ASSETS | $20.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$409M |
| TOTAL CURRENT LIABILITIES | $130M |
| Long-Term Debt | $975M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $109M |
| Other Non-Current Liabilities | $13.4B |
| TOTAL NON-CURRENT LIABILITIES | $14.5B |
| TOTAL LIABILITIES | $14.6B |
| Common Stock | $303M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $4.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$71M |
| Other Equity | -$72M |
| TOTAL STOCKHOLDERS' EQUITY | $5.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.7B |
| TOTAL LIABILITIES & EQUITY | $20.3B |
| Total Debt | $975M |
| Net Debt | -$9.0B |
