| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $699M | $643M | $627M | 8.7% | 11.5% |
| Op. Income | $74M | $52M | $20M | 41.4% | 269.7% |
| Gross Margin | 14.0% | 9.6% | 6.0% | 4.4pp | 8.0pp |
| Net Margin | 8.8% | 7.1% | 3.0% | 1.7pp | 5.8pp |
| EPS (Diluted) | $1.02 | $0.77 | $0.32 | 32.5% | 218.8% |
| Free Cash Flow | $39M | $157M | -$10M | -75.4% | 493.7% |
| Item | Amount |
|---|---|
| REVENUE | $699M |
| Cost of Revenue | $601M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $12M |
| Operating Expenses | $24M |
| Cost & Expenses | $625M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $16M |
| EBIT | $85M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $699M |
| Cost of Revenue | $601M |
| GROSS PROFIT | $98M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $12M |
| SG&A Expenses | $12M |
| Other Expenses | $12M |
| Operating Expenses | $24M |
| Cost & Expenses | $625M |
| OPERATING INCOME | $74M |
| Interest Income | $0 |
| Interest Expense | $12M |
| Other Income/Expenses | $0 |
| INCOME BEFORE TAX | $74M |
| Income Tax Expense | $12M |
| Net Income from Continuing Ops | $61M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $61M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $61M |
| D&A | $16M |
| EBIT | $85M |
| EBITDA | $101M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $61M |
| Depreciation & Amortization | $16M |
| Stock-Based Compensation | $7M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$13M |
| Change in Working Capital | -$25M |
| OPERATING CASH FLOW | $47M |
| Capital Expenditure | -$8M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$2.9B |
| Sales/Maturities of Investments | $2.8B |
| Other Investing Activities | $11M |
| NET CASH FROM INVESTING | -$143M |
| Net Debt Issuance | $106M |
| Common Stock Repurchased | -$7M |
| Common Dividends Paid | -$11M |
| Other Financing Activities | $2M |
| NET CASH FROM FINANCING | $90M |
| FREE CASH FLOW | $39M |
| Net Change in Cash | -$6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $516.0K |
| Short-Term Investments | $0 |
| Net Receivables | $0 |
| Inventory | $0 |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $516.0K |
| PP&E (Net) | $69M |
| Goodwill | $8M |
| Intangible Assets | $0 |
| Long-Term Investments | $6.1B |
| Tax Assets | $32M |
| Other Non-Current Assets | $2.1B |
| TOTAL NON-CURRENT ASSETS | $8.3B |
| TOTAL ASSETS | $8.3B |
| Account Payables | $0 |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | -$14M |
| TOTAL CURRENT LIABILITIES | $78M |
| Long-Term Debt | $550M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.8B |
| TOTAL NON-CURRENT LIABILITIES | $6.3B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $206M |
| Additional Paid-In Capital | $399M |
| Retained Earnings | $1.9B |
| Treasury Stock | -$591M |
| Accum. Other Comp. Income | $3M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.9B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.9B |
| TOTAL LIABILITIES & EQUITY | $8.3B |
| Total Debt | $550M |
| Net Debt | $550M |
