| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $524M | $525M | $515M | -0.2% | 1.7% |
| Op. Income | $75M | $91M | $109M | -17.6% | -31.2% |
| Gross Margin | 55.9% | 50.9% | 56.7% | 5.1pp | -0.8pp |
| Net Margin | 9.4% | 10.1% | 8.2% | -0.7pp | 1.2pp |
| EPS (Diluted) | $0.55 | $0.59 | $0.48 | -6.8% | 14.6% |
| Free Cash Flow | -$100M | $63M | -$67M | -258.7% | -49.3% |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $293M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $129M |
| Operating Expenses | $218M |
| Cost & Expenses | $449M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $101M |
| EBIT | $69M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $524M |
| Cost of Revenue | $231M |
| GROSS PROFIT | $293M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $89M |
| Other Expenses | $129M |
| Operating Expenses | $218M |
| Cost & Expenses | $449M |
| OPERATING INCOME | $75M |
| Interest Income | $0 |
| Interest Expense | $31M |
| Other Income/Expenses | -$32M |
| INCOME BEFORE TAX | $43M |
| Income Tax Expense | -$6M |
| Net Income from Continuing Ops | $49M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $49M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $49M |
| D&A | $101M |
| EBIT | $69M |
| EBITDA | $170M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $49M |
| Depreciation & Amortization | $101M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$19M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | -$62M |
| OPERATING CASH FLOW | $94M |
| Capital Expenditure | -$194M |
| Acquisitions (Net) | $194M |
| Purchases of Investments | -$3M |
| Sales/Maturities of Investments | $4M |
| Other Investing Activities | -$194M |
| NET CASH FROM INVESTING | -$193M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | $50M |
| NET CASH FROM FINANCING | $18M |
| FREE CASH FLOW | -$100M |
| Net Change in Cash | -$81M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $119M |
| Short-Term Investments | $0 |
| Net Receivables | $289M |
| Inventory | $84M |
| Other Current Assets | $97M |
| TOTAL CURRENT ASSETS | $643M |
| PP&E (Net) | $6.5B |
| Goodwill | $0 |
| Intangible Assets | $413M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $580M |
| TOTAL NON-CURRENT ASSETS | $7.5B |
| TOTAL ASSETS | $8.1B |
| Account Payables | $168M |
| Short-Term Debt | $304M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $224M |
| TOTAL CURRENT LIABILITIES | $791M |
| Long-Term Debt | $2.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $369M |
| Other Non-Current Liabilities | $2.2B |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $5.6B |
| Common Stock | $1.2B |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.5B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.5B |
| TOTAL LIABILITIES & EQUITY | $8.1B |
| Total Debt | $2.5B |
| Net Debt | $2.4B |
