| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.6B | $2.9B | $1.6B | -44.1% | 4.5% |
| Op. Income | $148M | $1.2B | $139M | -87.6% | 6.1% |
| Gross Margin | 24.8% | 50.9% | 23.7% | -26.2pp | 1.1pp |
| Net Margin | 7.5% | 35.6% | 7.0% | -28.1pp | 0.5pp |
| EPS (Diluted) | $0.21 | $1.73 | $0.18 | -87.8% | 20.0% |
| Free Cash Flow | -$306M | -$83M | -$383M | -266.9% | 20.1% |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $96M |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $163M |
| Operating Expenses | $259M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $164M |
| EBIT | $148M |
| EBITDA | $312M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.6B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $407M |
| R&D Expenses | $0 |
| Selling & Marketing | $96M |
| General & Administrative | $0 |
| SG&A Expenses | $96M |
| Other Expenses | $163M |
| Operating Expenses | $259M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $148M |
| Interest Income | $0 |
| Interest Expense | $16M |
| Other Income/Expenses | -$15M |
| INCOME BEFORE TAX | $132M |
| Income Tax Expense | $9M |
| Net Income from Continuing Ops | $124M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $124M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $124M |
| D&A | $164M |
| EBIT | $148M |
| EBITDA | $312M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $124M |
| Depreciation & Amortization | $164M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $9M |
| Other Non-Cash Items | -$26M |
| Change in Working Capital | -$179M |
| OPERATING CASH FLOW | $106M |
| Capital Expenditure | -$412M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $530M |
| NET CASH FROM INVESTING | $119M |
| Net Debt Issuance | -$120M |
| Common Stock Repurchased | -$234.2K |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | -$120M |
| FREE CASH FLOW | -$306M |
| Net Change in Cash | $104M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $1.8B |
| Net Receivables | $83M |
| Inventory | $4M |
| Other Current Assets | $557M |
| TOTAL CURRENT ASSETS | $4.4B |
| PP&E (Net) | $9.2B |
| Goodwill | $0 |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $13M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $13.6B |
| Account Payables | $325M |
| Short-Term Debt | $450M |
| Deferred Revenue | $1.8B |
| Other Current Liabilities | $275M |
| TOTAL CURRENT LIABILITIES | $2.7B |
| Long-Term Debt | $4.3B |
| Deferred Revenue NC | $5M |
| Deferred Tax Liabilities | $492M |
| Other Non-Current Liabilities | $955M |
| TOTAL NON-CURRENT LIABILITIES | $5.3B |
| TOTAL LIABILITIES | $8.0B |
| Common Stock | $8M |
| Additional Paid-In Capital | $842M |
| Retained Earnings | $4.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$170M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.6B |
| TOTAL LIABILITIES & EQUITY | $13.6B |
| Total Debt | $4.8B |
| Net Debt | $2.9B |
