| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.2B | $3.0B | -1.8% | 5.5% |
| Op. Income | $183M | $323M | $257M | -43.3% | -28.8% |
| Gross Margin | 94.0% | 85.1% | 94.7% | 8.8pp | -0.8pp |
| Net Margin | 3.2% | 37.6% | 4.8% | -34.5pp | -1.7pp |
| EPS (Diluted) | $1.52 | $18.49 | $2.22 | -91.8% | -31.5% |
| Free Cash Flow | $218M | $867M | $400M | -74.8% | -45.5% |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $191M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$2.8B |
| Operating Expenses | $3.0B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $183M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | -$183M |
| EBIT | $183M |
| EBITDA | -$370.0K |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| REVENUE | $3.2B |
| Cost of Revenue | $191M |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | -$2.8B |
| Operating Expenses | $3.0B |
| Cost & Expenses | $3.0B |
| OPERATING INCOME | $183M |
| Interest Income | $0 |
| Interest Expense | $37M |
| Other Income/Expenses | -$3.0B |
| INCOME BEFORE TAX | $138M |
| Income Tax Expense | $38M |
| Net Income from Continuing Ops | $100M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $100M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $100M |
| D&A | -$183M |
| EBIT | $183M |
| EBITDA | -$370.0K |
| EPS | $2 |
| EPS Diluted | $2 |
| Item | Amount |
|---|---|
| Net Income | $100M |
| Depreciation & Amortization | $10M |
| Stock-Based Compensation | $10M |
| Deferred Income Tax | $34M |
| Other Non-Cash Items | -$27M |
| Change in Working Capital | $131M |
| OPERATING CASH FLOW | $224M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$25M |
| Purchases of Investments | -$2.0B |
| Sales/Maturities of Investments | $1.9B |
| Other Investing Activities | $107M |
| NET CASH FROM INVESTING | $77M |
| Net Debt Issuance | -$28M |
| Common Stock Repurchased | -$3M |
| Common Dividends Paid | -$32M |
| Other Financing Activities | -$53M |
| NET CASH FROM FINANCING | -$115M |
| FREE CASH FLOW | $218M |
| Net Change in Cash | $207M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.5B |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.5B |
| PP&E (Net) | -$15.6B |
| Goodwill | $0 |
| Intangible Assets | $3.2B |
| Long-Term Investments | $13.5B |
| Tax Assets | $2.1B |
| Other Non-Current Assets | $56.2B |
| TOTAL NON-CURRENT ASSETS | $59.4B |
| TOTAL ASSETS | $61.0B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $0 |
| Long-Term Debt | $3.5B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $3.5B |
| TOTAL LIABILITIES | $3.5B |
| Common Stock | $791.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $6.8B |
| Treasury Stock | -$1.1B |
| Accum. Other Comp. Income | $1.4B |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $9.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $9.0B |
| TOTAL LIABILITIES & EQUITY | $12.5B |
| Total Debt | $3.5B |
| Net Debt | $2.0B |
