| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.7B | $1.8B | 3.5% | -4.8% |
| Op. Income | $694M | $624M | $773M | 11.3% | -10.3% |
| Gross Margin | 41.2% | 38.3% | 43.3% | 2.9pp | -2.1pp |
| Net Margin | 22.1% | 17.3% | 25.6% | 4.8pp | -3.4pp |
| EPS (Diluted) | $0.50 | $0.38 | $0.61 | 31.6% | -18.0% |
| Free Cash Flow | $198M | $157M | $354M | 26.5% | -44.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $722M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $694M |
| Interest Income | $4M |
| Interest Expense | $78M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | $627M |
| Income Tax Expense | $238M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $388M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $388M |
| D&A | $182M |
| EBIT | $703M |
| EBITDA | $884M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.8B |
| Cost of Revenue | $1.0B |
| GROSS PROFIT | $722M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $29M |
| Other Expenses | $0 |
| Operating Expenses | $29M |
| Cost & Expenses | $1.1B |
| OPERATING INCOME | $694M |
| Interest Income | $4M |
| Interest Expense | $78M |
| Other Income/Expenses | -$67M |
| INCOME BEFORE TAX | $627M |
| Income Tax Expense | $238M |
| Net Income from Continuing Ops | $389M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $388M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $388M |
| D&A | $182M |
| EBIT | $703M |
| EBITDA | $884M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $389M |
| Depreciation & Amortization | $182M |
| Stock-Based Compensation | $300.0K |
| Deferred Income Tax | $39M |
| Other Non-Cash Items | $4M |
| Change in Working Capital | -$243M |
| OPERATING CASH FLOW | $371M |
| Capital Expenditure | -$173M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $300.0K |
| Other Investing Activities | $300.0K |
| NET CASH FROM INVESTING | -$173M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$346M |
| Other Financing Activities | $36M |
| NET CASH FROM FINANCING | -$309M |
| FREE CASH FLOW | $198M |
| Net Change in Cash | -$108M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $737M |
| Short-Term Investments | $214M |
| Net Receivables | $1.0B |
| Inventory | $1.0B |
| Other Current Assets | $31M |
| TOTAL CURRENT ASSETS | $3.2B |
| PP&E (Net) | $10.5B |
| Goodwill | $0 |
| Intangible Assets | $147M |
| Long-Term Investments | $105M |
| Tax Assets | $368M |
| Other Non-Current Assets | $1.3B |
| TOTAL NON-CURRENT ASSETS | $12.4B |
| TOTAL ASSETS | $15.5B |
| Account Payables | $587M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.1B |
| Long-Term Debt | $6.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $207M |
| Other Non-Current Liabilities | $532M |
| TOTAL NON-CURRENT LIABILITIES | $7.7B |
| TOTAL LIABILITIES | $8.8B |
| Common Stock | $9M |
| Additional Paid-In Capital | $3.4B |
| Retained Earnings | $6.3B |
| Treasury Stock | -$3.0B |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.6B |
| Minority Interest | $46M |
| TOTAL EQUITY | $6.7B |
| TOTAL LIABILITIES & EQUITY | $15.5B |
| Total Debt | $7.1B |
| Net Debt | $6.3B |
