| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $493M | $515M | $530M | -4.3% | -7.0% |
| Op. Income | $100M | $109M | $124M | -8.3% | -19.4% |
| Gross Margin | 59.6% | 56.7% | 58.1% | 2.9pp | 1.5pp |
| Net Margin | 13.0% | 8.2% | 13.8% | 4.8pp | -0.8pp |
| EPS (Diluted) | $0.72 | $0.48 | $0.82 | 50.0% | -12.2% |
| Free Cash Flow | $63M | -$67M | $56M | 194.0% | 12.5% |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $294M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $123M |
| Operating Expenses | $194M |
| Cost & Expenses | $393M |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $92M |
| EBIT | $98M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $493M |
| Cost of Revenue | $199M |
| GROSS PROFIT | $294M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $71M |
| Other Expenses | $123M |
| Operating Expenses | $194M |
| Cost & Expenses | $393M |
| OPERATING INCOME | $100M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$28M |
| INCOME BEFORE TAX | $72M |
| Income Tax Expense | $8M |
| Net Income from Continuing Ops | $64M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $64M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $64M |
| D&A | $92M |
| EBIT | $98M |
| EBITDA | $190M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $64M |
| Depreciation & Amortization | $92M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $6M |
| Other Non-Cash Items | $24M |
| Change in Working Capital | $8M |
| OPERATING CASH FLOW | $194M |
| Capital Expenditure | -$131M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $3M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$130M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$30M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$33M |
| FREE CASH FLOW | $63M |
| Net Change in Cash | $31M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $70M |
| Short-Term Investments | $0 |
| Net Receivables | $229M |
| Inventory | $80M |
| Other Current Assets | $97M |
| TOTAL CURRENT ASSETS | $532M |
| PP&E (Net) | $6.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $579M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $97M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $214M |
| TOTAL CURRENT LIABILITIES | $393M |
| Long-Term Debt | $2.4B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $378M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $5.0B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$8M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.4B |
| Net Debt | $2.4B |
