| Metric | Q1 2018 | Q4 2017 | Q1 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $627M | $634M | $600M | -1.1% | 4.4% |
| Op. Income | $20M | $68M | $68M | -70.8% | -70.5% |
| Gross Margin | 6.0% | 12.3% | 14.3% | -6.3pp | -8.3pp |
| Net Margin | 3.0% | 4.8% | 8.4% | -1.8pp | -5.4pp |
| EPS (Diluted) | $0.32 | $0.51 | $0.85 | -37.3% | -62.4% |
| Free Cash Flow | -$10M | $61M | $20M | -116.2% | -150.1% |
| Item | Amount |
|---|---|
| REVENUE | $627M |
| Cost of Revenue | $589M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $607M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $11M |
| EBIT | $26M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $627M |
| Cost of Revenue | $589M |
| GROSS PROFIT | $37M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $11M |
| SG&A Expenses | $11M |
| Other Expenses | $6M |
| Operating Expenses | $17M |
| Cost & Expenses | $607M |
| OPERATING INCOME | $20M |
| Interest Income | $0 |
| Interest Expense | $6M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $20M |
| Income Tax Expense | $1M |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $11M |
| EBIT | $26M |
| EBITDA | $37M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $11M |
| Stock-Based Compensation | $6M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $11M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | -$8M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$1.6B |
| Sales/Maturities of Investments | $1.6B |
| Other Investing Activities | -$35M |
| NET CASH FROM INVESTING | -$59M |
| Net Debt Issuance | $54M |
| Common Stock Repurchased | -$6M |
| Common Dividends Paid | -$10M |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | $39M |
| FREE CASH FLOW | -$10M |
| Net Change in Cash | -$28M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $674.0K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $674.0K |
| PP&E (Net) | $62M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $5.5B |
| Tax Assets | $48M |
| Other Non-Current Assets | $2.0B |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $7.7B |
| Account Payables | $0 |
| Short-Term Debt | $55M |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$55M |
| TOTAL CURRENT LIABILITIES | $90M |
| Long-Term Debt | $439M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.5B |
| TOTAL NON-CURRENT LIABILITIES | $5.9B |
| TOTAL LIABILITIES | $6.0B |
| Common Stock | $205M |
| Additional Paid-In Capital | $375M |
| Retained Earnings | $1.7B |
| Treasury Stock | -$584M |
| Accum. Other Comp. Income | -$68M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $7.7B |
| Total Debt | $494M |
| Net Debt | $494M |
