| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.4B | $1.5B | $2.2B | 57.4% | 8.8% |
| Op. Income | $433M | $105M | $538M | 312.1% | -19.5% |
| Gross Margin | 31.6% | 23.5% | 36.6% | 8.1pp | -5.0pp |
| Net Margin | 14.9% | 3.9% | 20.8% | 10.9pp | -5.9pp |
| EPS (Diluted) | $0.61 | $0.10 | $0.75 | 493.6% | -18.8% |
| Free Cash Flow | $359M | $890M | $390M | -59.7% | -8.0% |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $769M |
| R&D Expenses | $0 |
| Selling & Marketing | $152M |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $194M |
| Operating Expenses | $345M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $433M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $404M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $362M |
| D&A | $184M |
| EBIT | $423M |
| EBITDA | $607M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.4B |
| Cost of Revenue | $1.7B |
| GROSS PROFIT | $769M |
| R&D Expenses | $0 |
| Selling & Marketing | $152M |
| General & Administrative | $0 |
| SG&A Expenses | $152M |
| Other Expenses | $194M |
| Operating Expenses | $345M |
| Cost & Expenses | $2.0B |
| OPERATING INCOME | $433M |
| Interest Income | $0 |
| Interest Expense | $20M |
| Other Income/Expenses | -$29M |
| INCOME BEFORE TAX | $404M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $362M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $362M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $362M |
| D&A | $184M |
| EBIT | $423M |
| EBITDA | $607M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $362M |
| Depreciation & Amortization | $184M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $42M |
| Other Non-Cash Items | $116.9K |
| Change in Working Capital | $308M |
| OPERATING CASH FLOW | $899M |
| Capital Expenditure | -$540M |
| Acquisitions (Net) | -$18M |
| Purchases of Investments | -$135M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$675M |
| NET CASH FROM INVESTING | -$693M |
| Net Debt Issuance | -$84M |
| Common Stock Repurchased | -$310M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$394M |
| FREE CASH FLOW | $359M |
| Net Change in Cash | -$188M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.6B |
| Short-Term Investments | $2.6B |
| Net Receivables | $43M |
| Inventory | $5M |
| Other Current Assets | $684M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $9.9B |
| Goodwill | $0 |
| Intangible Assets | $55M |
| Long-Term Investments | $7M |
| Tax Assets | $0 |
| Other Non-Current Assets | $100M |
| TOTAL NON-CURRENT ASSETS | $10.0B |
| TOTAL ASSETS | $15.0B |
| Account Payables | $402M |
| Short-Term Debt | $506M |
| Deferred Revenue | $3.5B |
| Other Current Liabilities | $107M |
| TOTAL CURRENT LIABILITIES | $4.4B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $855M |
| TOTAL NON-CURRENT LIABILITIES | $4.9B |
| TOTAL LIABILITIES | $9.3B |
| Common Stock | $8M |
| Additional Paid-In Capital | $841M |
| Retained Earnings | $4.5B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $293M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $15.0B |
| Total Debt | $4.6B |
| Net Debt | $3.0B |
