| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.2B | — | $1.0B | — | 21.2% |
| Op. Income | $264M | — | $247M | — | 7.0% |
| Gross Margin | 33.9% | — | 28.3% | — | 5.6pp |
| Net Margin | 29.3% | — | 7.6% | — | 21.7pp |
| EPS (Diluted) | $0.26 | — | $0.06 | — | 357.1% |
| Free Cash Flow | $20M | — | $27M | — | -24.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $806M |
| GROSS PROFIT | $414M |
| R&D Expenses | $98.5K |
| Selling & Marketing | $154M |
| General & Administrative | $31M |
| SG&A Expenses | $185M |
| Other Expenses | -$36M |
| Operating Expenses | $149M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $264M |
| Interest Income | $93M |
| Interest Expense | $103M |
| Other Income/Expenses | $111M |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $357M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $357M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $357M |
| D&A | $2M |
| EBIT | $264M |
| EBITDA | $327M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.2B |
| Cost of Revenue | $806M |
| GROSS PROFIT | $414M |
| R&D Expenses | $98.5K |
| Selling & Marketing | $154M |
| General & Administrative | $31M |
| SG&A Expenses | $185M |
| Other Expenses | -$36M |
| Operating Expenses | $149M |
| Cost & Expenses | $955M |
| OPERATING INCOME | $264M |
| Interest Income | $93M |
| Interest Expense | $103M |
| Other Income/Expenses | $111M |
| INCOME BEFORE TAX | $375M |
| Income Tax Expense | $18M |
| Net Income from Continuing Ops | $357M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $357M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $357M |
| D&A | $2M |
| EBIT | $264M |
| EBITDA | $327M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $357M |
| Depreciation & Amortization | $63M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | -$504M |
| Other Non-Cash Items | $25M |
| Change in Working Capital | $244M |
| OPERATING CASH FLOW | $123M |
| Capital Expenditure | -$102M |
| Acquisitions (Net) | -$8M |
| Purchases of Investments | -$23M |
| Sales/Maturities of Investments | $316.1K |
| Other Investing Activities | $8M |
| NET CASH FROM INVESTING | -$126M |
| Net Debt Issuance | -$983M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $833M |
| NET CASH FROM FINANCING | -$150M |
| FREE CASH FLOW | $20M |
| Net Change in Cash | -$151M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $453M |
| Short-Term Investments | $180M |
| Net Receivables | $428M |
| Inventory | $1.0B |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $2.4B |
| PP&E (Net) | $3.6B |
| Goodwill | $723M |
| Intangible Assets | $738M |
| Long-Term Investments | $1.1B |
| Tax Assets | $18M |
| Other Non-Current Assets | $865M |
| TOTAL NON-CURRENT ASSETS | $7.1B |
| TOTAL ASSETS | $9.5B |
| Account Payables | $700M |
| Short-Term Debt | $1.1B |
| Deferred Revenue | $28M |
| Other Current Liabilities | $112M |
| TOTAL CURRENT LIABILITIES | $2.3B |
| Long-Term Debt | $4.7B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $259M |
| Other Non-Current Liabilities | $544M |
| TOTAL NON-CURRENT LIABILITIES | $5.2B |
| TOTAL LIABILITIES | $7.5B |
| Common Stock | $915M |
| Additional Paid-In Capital | $915M |
| Retained Earnings | $629M |
| Treasury Stock | -$12M |
| Accum. Other Comp. Income | $839M |
| Other Equity | -$285M |
| TOTAL STOCKHOLDERS' EQUITY | $1.8B |
| Minority Interest | $264M |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $9.5B |
| Total Debt | $5.8B |
| Net Debt | $5.4B |
