| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.6B | $1.4B | 1.4% | 12.5% |
| Op. Income | $192M | $190M | $170M | 1.2% | 13.4% |
| Gross Margin | 26.5% | 25.8% | 27.3% | 0.8pp | -0.7pp |
| Net Margin | -1.0% | 6.0% | 1.0% | -7.0pp | -1.9pp |
| EPS (Diluted) | $-0.23 | $1.29 | $0.21 | -117.8% | -209.5% |
| Free Cash Flow | $45M | $272M | $113M | -83.3% | -59.9% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $433M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $240M |
| Other Expenses | -$300.0K |
| Operating Expenses | $240M |
| Cost & Expenses | $1.4B |
| OPERATING INCOME | $192M |
| Interest Income | $0 |
| Interest Expense | $99M |
| Other Income/Expenses | -$195M |
| INCOME BEFORE TAX | -$3M |
| Income Tax Expense | $13M |
| Net Income from Continuing Ops | -$15M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$16M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$18M |
| D&A | $98M |
| EBIT | $97M |
| EBITDA | $194M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$16M |
| Depreciation & Amortization | $98M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$15M |
| Other Non-Cash Items | $106M |
| Change in Working Capital | -$45M |
| OPERATING CASH FLOW | $128M |
| Capital Expenditure | -$83M |
| Acquisitions (Net) | -$500.0K |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $5M |
| NET CASH FROM INVESTING | -$79M |
| Net Debt Issuance | $599M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | $597M |
| FREE CASH FLOW | $45M |
| Net Change in Cash | $646M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $990M |
| Short-Term Investments | $0 |
| Net Receivables | $462M |
| Inventory | $484M |
| Other Current Assets | $200M |
| TOTAL CURRENT ASSETS | $2.2B |
| PP&E (Net) | $1.7B |
| Goodwill | $4.5B |
| Intangible Assets | $3.5B |
| Long-Term Investments | $5M |
| Tax Assets | -$5M |
| Other Non-Current Assets | $1.1B |
| TOTAL NON-CURRENT ASSETS | $10.9B |
| TOTAL ASSETS | $13.1B |
| Account Payables | $365M |
| Short-Term Debt | $22M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $291M |
| TOTAL CURRENT LIABILITIES | $792M |
| Long-Term Debt | $7.2B |
| Deferred Revenue NC | $695M |
| Deferred Tax Liabilities | $778M |
| Other Non-Current Liabilities | $2.0B |
| TOTAL NON-CURRENT LIABILITIES | $9.2B |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $800.0K |
| Additional Paid-In Capital | $3.6B |
| Retained Earnings | $88M |
| Treasury Stock | -$590M |
| Accum. Other Comp. Income | -$39M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.1B |
| Minority Interest | $10M |
| TOTAL EQUITY | $3.1B |
| TOTAL LIABILITIES & EQUITY | $13.1B |
| Total Debt | $7.3B |
| Net Debt | $6.3B |
