| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.7B | — | $1.6B | — | 10.0% |
| Op. Income | $228M | — | $212M | — | 7.8% |
| Gross Margin | 60.3% | — | 59.7% | — | 0.6pp |
| Net Margin | -14.2% | — | 8.8% | — | -23.0pp |
| EPS (Diluted) | $-0.68 | — | $0.38 | — | -278.6% |
| Free Cash Flow | $177M | — | $166M | — | 6.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.7B |
| Cost of Revenue | $694M |
| GROSS PROFIT | $1.1B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $1.8B |
| Other Expenses | $0 |
| Operating Expenses | $1.3B |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $228M |
| Interest Income | $31M |
| Interest Expense | $0 |
| Other Income/Expenses | -$530M |
| INCOME BEFORE TAX | -$302M |
| Income Tax Expense | -$53M |
| Net Income from Continuing Ops | -$249M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$249M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$249M |
| D&A | $135M |
| EBIT | $228M |
| EBITDA | $363M |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$249M |
| Depreciation & Amortization | $135M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $359M |
| Change in Working Capital | $30M |
| OPERATING CASH FLOW | $278M |
| Capital Expenditure | -$101M |
| Acquisitions (Net) | -$180M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$3M |
| NET CASH FROM INVESTING | -$285M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$50M |
| NET CASH FROM FINANCING | -$82M |
| FREE CASH FLOW | $177M |
| Net Change in Cash | -$74M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $175M |
| Short-Term Investments | $3M |
| Net Receivables | $557M |
| Inventory | $139M |
| Other Current Assets | $82M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $590M |
| Goodwill | $1.6B |
| Intangible Assets | $457M |
| Long-Term Investments | $394M |
| Tax Assets | $5M |
| Other Non-Current Assets | -$5M |
| TOTAL NON-CURRENT ASSETS | $3.0B |
| TOTAL ASSETS | $4.2B |
| Account Payables | $147M |
| Short-Term Debt | $685M |
| Deferred Revenue | -$156M |
| Other Current Liabilities | $441M |
| TOTAL CURRENT LIABILITIES | $1.7B |
| Long-Term Debt | $968M |
| Deferred Revenue NC | $838M |
| Deferred Tax Liabilities | $130M |
| Other Non-Current Liabilities | -$37M |
| TOTAL NON-CURRENT LIABILITIES | $968M |
| TOTAL LIABILITIES | $3.0B |
| Common Stock | $25M |
| Additional Paid-In Capital | $9M |
| Retained Earnings | $3.6B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$2.5B |
| Other Equity | -$5.0B |
| TOTAL STOCKHOLDERS' EQUITY | $1.1B |
| Minority Interest | $540.0K |
| TOTAL EQUITY | $1.1B |
| TOTAL LIABILITIES & EQUITY | $4.2B |
| Total Debt | $1.7B |
| Net Debt | $1.5B |
