| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | $1.6B | -1.2% | 16.2% |
| Op. Income | $773M | $830M | $570M | -6.8% | 35.6% |
| Gross Margin | 43.3% | 45.8% | 36.7% | -2.5pp | 6.6pp |
| Net Margin | 25.6% | -15.4% | 19.8% | 41.0pp | 5.7pp |
| EPS (Diluted) | $0.61 | $-0.37 | $0.41 | 264.9% | 48.8% |
| Free Cash Flow | $354M | $384M | $245M | -7.7% | 44.8% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $797M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $773M |
| Interest Income | $3M |
| Interest Expense | $69M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $708M |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $472M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $471M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $471M |
| D&A | $162M |
| EBIT | $774M |
| EBITDA | $936M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $797M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $24M |
| Other Expenses | $0 |
| Operating Expenses | $24M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $773M |
| Interest Income | $3M |
| Interest Expense | $69M |
| Other Income/Expenses | -$65M |
| INCOME BEFORE TAX | $708M |
| Income Tax Expense | $237M |
| Net Income from Continuing Ops | $472M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $471M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $471M |
| D&A | $162M |
| EBIT | $774M |
| EBITDA | $936M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $472M |
| Depreciation & Amortization | $162M |
| Stock-Based Compensation | $200.0K |
| Deferred Income Tax | -$24M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $15M |
| OPERATING CASH FLOW | $650M |
| Capital Expenditure | -$296M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$6M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$301M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$232M |
| Other Financing Activities | -$900.0K |
| NET CASH FROM FINANCING | -$233M |
| FREE CASH FLOW | $354M |
| Net Change in Cash | $63M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.1B |
| Short-Term Investments | $57M |
| Net Receivables | $1.0B |
| Inventory | $1.0B |
| Other Current Assets | $18M |
| TOTAL CURRENT ASSETS | $3.3B |
| PP&E (Net) | $9.1B |
| Goodwill | $0 |
| Intangible Assets | $1.0B |
| Long-Term Investments | $100M |
| Tax Assets | $187M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $10.7B |
| TOTAL ASSETS | $14.0B |
| Account Payables | $640M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $38M |
| Other Non-Current Liabilities | $473M |
| TOTAL NON-CURRENT LIABILITIES | $6.5B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $6.0B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | $500.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.3B |
| Minority Interest | $43M |
| TOTAL EQUITY | $6.4B |
| TOTAL LIABILITIES & EQUITY | $14.0B |
| Total Debt | $6.0B |
| Net Debt | $4.9B |
