| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.3B | $1.8B | $1.7B | -28.0% | -25.8% |
| Op. Income | -$137M | $335M | $355M | -141.0% | -138.7% |
| Gross Margin | -9.7% | 19.6% | 21.5% | -29.3pp | -31.2pp |
| Net Margin | -8.3% | 15.5% | 17.4% | -23.8pp | -25.7pp |
| EPS (Diluted) | $-0.36 | $0.92 | $1.01 | -139.1% | -135.6% |
| Free Cash Flow | $163M | $310M | -$69M | -47.3% | 335.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.3B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | -$124M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $13M |
| Operating Expenses | $13M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | -$137M |
| Interest Income | $0 |
| Interest Expense | $8M |
| Other Income/Expenses | -$300.0K |
| INCOME BEFORE TAX | -$138M |
| Income Tax Expense | -$31M |
| Net Income from Continuing Ops | -$107M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$107M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$107M |
| D&A | $0 |
| EBIT | -$130M |
| EBITDA | -$130M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$107M |
| Depreciation & Amortization | $28M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$70M |
| Other Non-Cash Items | $277M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $163M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | -$13M |
| Purchases of Investments | -$804M |
| Sales/Maturities of Investments | $704M |
| Other Investing Activities | -$11M |
| NET CASH FROM INVESTING | -$111M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$58M |
| Other Financing Activities | -$10M |
| NET CASH FROM FINANCING | -$67M |
| FREE CASH FLOW | $163M |
| Net Change in Cash | -$15M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $9.7B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $11M |
| PP&E (Net) | $0 |
| Goodwill | $174M |
| Intangible Assets | $316M |
| Long-Term Investments | $3.4B |
| Tax Assets | $0 |
| Other Non-Current Assets | $2.5B |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $19.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$525M |
| TOTAL CURRENT LIABILITIES | $525M |
| Long-Term Debt | $981M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $10M |
| Other Non-Current Liabilities | $12.7B |
| TOTAL NON-CURRENT LIABILITIES | $14.2B |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $303M |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $3.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$210M |
| Other Equity | -$74M |
| TOTAL STOCKHOLDERS' EQUITY | $5.1B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.1B |
| TOTAL LIABILITIES & EQUITY | $19.3B |
| Total Debt | $981M |
| Net Debt | -$8.7B |
