| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.0B | $3.0B | $2.7B | 1.6% | 9.9% |
| Op. Income | $653M | $636M | $582M | 2.7% | 12.2% |
| Gross Margin | 44.1% | 43.8% | 43.4% | 0.3pp | 0.7pp |
| Net Margin | 15.4% | 1.1% | 14.3% | 14.3pp | 1.1pp |
| EPS (Diluted) | $7.40 | $0.52 | $2.55 | 1323.1% | 190.2% |
| Free Cash Flow | $363M | $497M | $383M | -27.0% | -5.2% |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $310M |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $334M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $653M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $605M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $464M |
| NET INCOME | $462M |
| Net Income Deductions | $464M |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $311M |
| EBIT | -$133.0K |
| EBITDA | $3M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| REVENUE | $3.0B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $24M |
| Selling & Marketing | $0 |
| General & Administrative | $310M |
| SG&A Expenses | $310M |
| Other Expenses | $0 |
| Operating Expenses | $334M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $653M |
| Interest Income | $0 |
| Interest Expense | $46M |
| Other Income/Expenses | -$2M |
| INCOME BEFORE TAX | $605M |
| Income Tax Expense | $148M |
| Net Income from Continuing Ops | -$2M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $464M |
| NET INCOME | $462M |
| Net Income Deductions | $464M |
| BOTTOM LINE NET INCOME | -$2M |
| D&A | $311M |
| EBIT | -$133.0K |
| EBITDA | $3M |
| EPS | $7 |
| EPS Diluted | $7 |
| Item | Amount |
|---|---|
| Net Income | $462M |
| Depreciation & Amortization | $311M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$11M |
| Other Non-Cash Items | $105M |
| Change in Working Capital | -$183M |
| OPERATING CASH FLOW | $688M |
| Capital Expenditure | -$325M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$318M |
| Net Debt Issuance | -$721.0K |
| Common Stock Repurchased | -$545M |
| Common Dividends Paid | -$237M |
| Other Financing Activities | -$191M |
| NET CASH FROM FINANCING | -$429M |
| FREE CASH FLOW | $363M |
| Net Change in Cash | -$72M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $545M |
| Short-Term Investments | $0 |
| Net Receivables | $1.9B |
| Inventory | $619M |
| Other Current Assets | $265M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $12.1B |
| Goodwill | $3.3B |
| Intangible Assets | $547M |
| Long-Term Investments | $44M |
| Tax Assets | $0 |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $17.3B |
| TOTAL ASSETS | $20.6B |
| Account Payables | $988M |
| Short-Term Debt | $979M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.6B |
| TOTAL CURRENT LIABILITIES | $3.5B |
| Long-Term Debt | $7.3B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $2.8B |
| TOTAL NON-CURRENT LIABILITIES | $10.2B |
| TOTAL LIABILITIES | $14.2B |
| Common Stock | $4M |
| Additional Paid-In Capital | $323M |
| Retained Earnings | $13.4B |
| Treasury Stock | -$273.0K |
| Accum. Other Comp. Income | $0 |
| Other Equity | -$13.8B |
| TOTAL STOCKHOLDERS' EQUITY | $15M |
| Minority Interest | $0 |
| TOTAL EQUITY | $15M |
| TOTAL LIABILITIES & EQUITY | $173M |
| Total Debt | $8.3B |
| Net Debt | $7.8B |
