| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $840M | $775M | $813M | 8.3% | 3.3% |
| Op. Income | $156M | $141M | -$820.0K | 11.0% | 19116.0% |
| Gross Margin | 93.1% | 93.7% | 97.6% | -0.6pp | -4.4pp |
| Net Margin | 13.6% | 13.4% | -0.2% | 0.2pp | 13.8pp |
| EPS (Diluted) | $0.92 | $0.83 | $-0.04 | 10.8% | 2400.0% |
| Free Cash Flow | $488M | $161M | -$288M | 203.4% | 269.3% |
| Item | Amount |
|---|---|
| REVENUE | $840M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $782M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $448M |
| SG&A Expenses | $448M |
| Other Expenses | $178M |
| Operating Expenses | $626M |
| Cost & Expenses | $684M |
| OPERATING INCOME | $156M |
| Interest Income | $185M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $11M |
| EBIT | $156M |
| EBITDA | $167M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $840M |
| Cost of Revenue | $58M |
| GROSS PROFIT | $782M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $448M |
| SG&A Expenses | $448M |
| Other Expenses | $178M |
| Operating Expenses | $626M |
| Cost & Expenses | $684M |
| OPERATING INCOME | $156M |
| Interest Income | $185M |
| Interest Expense | $58M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $156M |
| Income Tax Expense | $42M |
| Net Income from Continuing Ops | $114M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $114M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $112M |
| D&A | $11M |
| EBIT | $156M |
| EBITDA | $167M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $114M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $25M |
| Deferred Income Tax | $14M |
| Other Non-Cash Items | $175M |
| Change in Working Capital | $238M |
| OPERATING CASH FLOW | $578M |
| Capital Expenditure | -$90M |
| Acquisitions (Net) | -$9M |
| Purchases of Investments | -$259M |
| Sales/Maturities of Investments | $865M |
| Other Investing Activities | -$247M |
| NET CASH FROM INVESTING | $260M |
| Net Debt Issuance | -$483M |
| Common Stock Repurchased | -$108M |
| Common Dividends Paid | -$9M |
| Other Financing Activities | $1.1B |
| NET CASH FROM FINANCING | $518M |
| FREE CASH FLOW | $488M |
| Net Change in Cash | $1.4B |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.9B |
| Short-Term Investments | $3.1B |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $6.7B |
| PP&E (Net) | $373M |
| Goodwill | $1.0B |
| Intangible Assets | $120M |
| Long-Term Investments | $14.7B |
| Tax Assets | $112M |
| Other Non-Current Assets | $1.5B |
| TOTAL NON-CURRENT ASSETS | $17.8B |
| TOTAL ASSETS | $24.5B |
| Account Payables | $1.6B |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $15.9B |
| TOTAL CURRENT LIABILITIES | $19.0B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $565M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $21.3B |
| Common Stock | $11M |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | $1.4B |
| Treasury Stock | -$181M |
| Accum. Other Comp. Income | -$73M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $3.2B |
| Minority Interest | $30M |
| TOTAL EQUITY | $3.2B |
| TOTAL LIABILITIES & EQUITY | $24.5B |
| Total Debt | $3.3B |
| Net Debt | $1.3B |
