| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.6B | $2.6B | $2.8B | 38.4% | 26.2% |
| Op. Income | $501M | $346M | $494M | 44.8% | 1.4% |
| Gross Margin | 33.4% | 36.3% | 34.6% | -2.8pp | -1.1pp |
| Net Margin | 7.8% | 6.6% | 17.1% | 1.2pp | -9.3pp |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | NaN% | NaN% |
| Free Cash Flow | $149M | $202M | $226M | -26.2% | -34.1% |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $15M |
| Selling & Marketing | $138M |
| General & Administrative | $445M |
| SG&A Expenses | $583M |
| Other Expenses | $0 |
| Operating Expenses | $731M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $501M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $396M |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $81M |
| EBIT | $501M |
| EBITDA | $582M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $3.6B |
| Cost of Revenue | $2.4B |
| GROSS PROFIT | $1.2B |
| R&D Expenses | $15M |
| Selling & Marketing | $138M |
| General & Administrative | $445M |
| SG&A Expenses | $583M |
| Other Expenses | $0 |
| Operating Expenses | $731M |
| Cost & Expenses | $3.1B |
| OPERATING INCOME | $501M |
| Interest Income | $0 |
| Interest Expense | $62M |
| Other Income/Expenses | -$102M |
| INCOME BEFORE TAX | $396M |
| Income Tax Expense | $105M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $278M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $278M |
| D&A | $81M |
| EBIT | $501M |
| EBITDA | $582M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $278M |
| Depreciation & Amortization | $81M |
| Stock-Based Compensation | $12M |
| Deferred Income Tax | $35M |
| Other Non-Cash Items | $44M |
| Change in Working Capital | -$174M |
| OPERATING CASH FLOW | $241M |
| Capital Expenditure | -$92M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$41M |
| NET CASH FROM INVESTING | -$133M |
| Net Debt Issuance | $114M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$70M |
| Other Financing Activities | -$23M |
| NET CASH FROM FINANCING | $21M |
| FREE CASH FLOW | $149M |
| Net Change in Cash | $133M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $543M |
| Short-Term Investments | $5M |
| Net Receivables | $1.7B |
| Inventory | $1.3B |
| Other Current Assets | $220M |
| TOTAL CURRENT ASSETS | $3.8B |
| PP&E (Net) | $1.2B |
| Goodwill | $6.0B |
| Intangible Assets | $3.8B |
| Long-Term Investments | $38M |
| Tax Assets | -$58M |
| Other Non-Current Assets | $110M |
| TOTAL NON-CURRENT ASSETS | $11.0B |
| TOTAL ASSETS | $14.9B |
| Account Payables | $1.0B |
| Short-Term Debt | $421M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $617M |
| TOTAL CURRENT LIABILITIES | $2.5B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $873M |
| TOTAL NON-CURRENT LIABILITIES | $5.6B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $0 |
| Additional Paid-In Capital | $9.1B |
| Retained Earnings | -$2.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$144M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.7B |
| Minority Interest | $119M |
| TOTAL EQUITY | $6.8B |
| TOTAL LIABILITIES & EQUITY | $14.9B |
| Total Debt | $5.1B |
| Net Debt | $4.6B |
