| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.6B | $1.4B | -6.0% | 12.8% |
| Op. Income | $105M | $147M | $78M | -28.7% | 34.8% |
| Gross Margin | 23.5% | 24.8% | 22.4% | -1.2pp | 1.1pp |
| Net Margin | 3.9% | 7.5% | 4.6% | -3.6pp | -0.6pp |
| EPS (Diluted) | $0.10 | $0.21 | $0.10 | -51.3% | 0.7% |
| Free Cash Flow | $890M | -$305M | $662M | 391.5% | 34.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $363M |
| R&D Expenses | $0 |
| Selling & Marketing | $93M |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $193M |
| Operating Expenses | $286M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $105M |
| Interest Income | $15M |
| Interest Expense | $17M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $701.5K |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $165M |
| EBIT | $79M |
| EBITDA | $270M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $363M |
| R&D Expenses | $0 |
| Selling & Marketing | $93M |
| General & Administrative | $0 |
| SG&A Expenses | $93M |
| Other Expenses | $193M |
| Operating Expenses | $286M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $105M |
| Interest Income | $15M |
| Interest Expense | $17M |
| Other Income/Expenses | -$14M |
| INCOME BEFORE TAX | $62M |
| Income Tax Expense | $701.5K |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $165M |
| EBIT | $79M |
| EBITDA | $270M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $165M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $701.5K |
| Other Non-Cash Items | -$124M |
| Change in Working Capital | $1.2B |
| OPERATING CASH FLOW | $1.4B |
| Capital Expenditure | -$519M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$676M |
| NET CASH FROM INVESTING | -$1.2B |
| Net Debt Issuance | -$198M |
| Common Stock Repurchased | -$222M |
| Common Dividends Paid | $0 |
| Other Financing Activities | $76M |
| NET CASH FROM FINANCING | -$344M |
| FREE CASH FLOW | $890M |
| Net Change in Cash | -$130M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.8B |
| Short-Term Investments | $2.5B |
| Net Receivables | $68M |
| Inventory | $4M |
| Other Current Assets | $289M |
| TOTAL CURRENT ASSETS | $4.9B |
| PP&E (Net) | $9.5B |
| Goodwill | $0 |
| Intangible Assets | $55M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $3M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $14.5B |
| Account Payables | $292M |
| Short-Term Debt | $508M |
| Deferred Revenue | $1.6B |
| Other Current Liabilities | $2.7B |
| TOTAL CURRENT LIABILITIES | $4.0B |
| Long-Term Debt | $4.1B |
| Deferred Revenue NC | $3M |
| Deferred Tax Liabilities | $462M |
| Other Non-Current Liabilities | $1.1B |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $9.2B |
| Common Stock | $8M |
| Additional Paid-In Capital | $841M |
| Retained Earnings | $4.8B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$396M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $0 |
| TOTAL EQUITY | $5.2B |
| TOTAL LIABILITIES & EQUITY | $14.5B |
| Total Debt | $4.6B |
| Net Debt | $2.9B |
