| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $573M | $524M | $493M | 9.4% | 16.2% |
| Op. Income | $111M | $75M | $100M | 48.0% | 11.0% |
| Gross Margin | 55.3% | 55.9% | 59.6% | -0.6pp | -4.3pp |
| Net Margin | 12.7% | 9.4% | 13.0% | 3.4pp | -0.2pp |
| EPS (Diluted) | $0.82 | $0.55 | $0.72 | 49.1% | 13.9% |
| Free Cash Flow | $6M | -$100M | $63M | 106.0% | -90.5% |
| Item | Amount |
|---|---|
| REVENUE | $573M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $317M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $134M |
| Operating Expenses | $206M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $101M |
| EBIT | $110M |
| EBITDA | $211M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $573M |
| Cost of Revenue | $256M |
| GROSS PROFIT | $317M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $72M |
| Other Expenses | $134M |
| Operating Expenses | $206M |
| Cost & Expenses | $462M |
| OPERATING INCOME | $111M |
| Interest Income | $0 |
| Interest Expense | $32M |
| Other Income/Expenses | -$27M |
| INCOME BEFORE TAX | $84M |
| Income Tax Expense | $11M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $73M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $73M |
| D&A | $101M |
| EBIT | $110M |
| EBITDA | $211M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $73M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$31M |
| OPERATING CASH FLOW | $156M |
| Capital Expenditure | -$150M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$151M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$3M |
| NET CASH FROM FINANCING | -$35M |
| FREE CASH FLOW | $6M |
| Net Change in Cash | -$30M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $89M |
| Short-Term Investments | $0 |
| Net Receivables | $297M |
| Inventory | $81M |
| Other Current Assets | $69M |
| TOTAL CURRENT ASSETS | $596M |
| PP&E (Net) | $6.8B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $564M |
| TOTAL NON-CURRENT ASSETS | $7.4B |
| TOTAL ASSETS | $7.9B |
| Account Payables | $136M |
| Short-Term Debt | $300M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $143M |
| TOTAL CURRENT LIABILITIES | $731M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $380M |
| Other Non-Current Liabilities | $2.1B |
| TOTAL NON-CURRENT LIABILITIES | $4.7B |
| 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 | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $7.9B |
| Total Debt | $2.5B |
| Net Debt | $2.4B |
