| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.2B | $1.4B | $2.0B | 63.1% | 13.2% |
| Op. Income | $538M | $78M | $359M | 590.0% | 50.0% |
| Gross Margin | 36.6% | 22.4% | 30.8% | 14.2pp | 5.8pp |
| Net Margin | 20.8% | 4.6% | 15.1% | 16.2pp | 5.6pp |
| EPS (Diluted) | $0.75 | $0.10 | $0.47 | 635.6% | 60.0% |
| Free Cash Flow | $390M | $662M | $380M | -41.1% | 2.5% |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $818M |
| R&D Expenses | $0 |
| Selling & Marketing | $118M |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $162M |
| Operating Expenses | $279M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $538M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $519M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $464M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $464M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $464M |
| D&A | $163M |
| EBIT | $539M |
| EBITDA | $701M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.2B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $818M |
| R&D Expenses | $0 |
| Selling & Marketing | $118M |
| General & Administrative | $0 |
| SG&A Expenses | $118M |
| Other Expenses | $162M |
| Operating Expenses | $279M |
| Cost & Expenses | $1.7B |
| OPERATING INCOME | $538M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$19M |
| INCOME BEFORE TAX | $519M |
| Income Tax Expense | $54M |
| Net Income from Continuing Ops | $464M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $464M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $464M |
| D&A | $163M |
| EBIT | $539M |
| EBITDA | $701M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $464M |
| Depreciation & Amortization | $163M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $54M |
| Other Non-Cash Items | -$9M |
| Change in Working Capital | $166M |
| OPERATING CASH FLOW | $849M |
| Capital Expenditure | -$459M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$276M |
| NET CASH FROM INVESTING | -$735M |
| Net Debt Issuance | -$97M |
| Common Stock Repurchased | -$239M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$336M |
| FREE CASH FLOW | $390M |
| Net Change in Cash | -$222M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.2B |
| Short-Term Investments | $3.7B |
| Net Receivables | $72M |
| Inventory | $4M |
| Other Current Assets | $292M |
| TOTAL CURRENT ASSETS | $5.2B |
| PP&E (Net) | $8.7B |
| Goodwill | $0 |
| Intangible Assets | $55M |
| Long-Term Investments | $3M |
| Tax Assets | -$3M |
| Other Non-Current Assets | $14M |
| TOTAL NON-CURRENT ASSETS | $8.8B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $379M |
| Short-Term Debt | $528M |
| Deferred Revenue | $2.8B |
| Other Current Liabilities | $152M |
| TOTAL CURRENT LIABILITIES | $3.8B |
| Long-Term Debt | $4.5B |
| Deferred Revenue NC | $9M |
| Deferred Tax Liabilities | $498M |
| Other Non-Current Liabilities | $771M |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $9.1B |
| Common Stock | $8M |
| Additional Paid-In Capital | $841M |
| Retained Earnings | $4.3B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$130M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $5.0B |
| Net Debt | $3.8B |
