| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | 2.0% | 6.6% |
| Op. Income | $459M | $483M | $397M | -4.9% | 15.7% |
| Gross Margin | 53.8% | 54.1% | 50.2% | -0.2pp | 3.7pp |
| Net Margin | 16.8% | 23.4% | -2.6% | -6.6pp | 19.4pp |
| EPS (Diluted) | $0.60 | $0.70 | $-0.08 | -14.3% | 828.2% |
| Free Cash Flow | $417M | $288M | $461M | 44.9% | -9.4% |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $691M |
| GROSS PROFIT | $805M |
| R&D Expenses | $34M |
| Selling & Marketing | $140M |
| General & Administrative | $94M |
| SG&A Expenses | $233M |
| Other Expenses | $78M |
| Operating Expenses | $346M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $459M |
| Interest Income | $0 |
| Interest Expense | $87M |
| Other Income/Expenses | -$126M |
| INCOME BEFORE TAX | $333M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $78M |
| EBIT | $421M |
| EBITDA | $499M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $1.5B |
| Cost of Revenue | $691M |
| GROSS PROFIT | $805M |
| R&D Expenses | $34M |
| Selling & Marketing | $140M |
| General & Administrative | $94M |
| SG&A Expenses | $233M |
| Other Expenses | $78M |
| Operating Expenses | $346M |
| Cost & Expenses | $1.0B |
| OPERATING INCOME | $459M |
| Interest Income | $0 |
| Interest Expense | $87M |
| Other Income/Expenses | -$126M |
| INCOME BEFORE TAX | $333M |
| Income Tax Expense | $82M |
| Net Income from Continuing Ops | $251M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $251M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $251M |
| D&A | $78M |
| EBIT | $421M |
| EBITDA | $499M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $251M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $33M |
| Deferred Income Tax | $84M |
| Other Non-Cash Items | $55M |
| Change in Working Capital | $33M |
| OPERATING CASH FLOW | $534M |
| Capital Expenditure | -$117M |
| Acquisitions (Net) | -$2M |
| Purchases of Investments | -$9M |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$128M |
| Net Debt Issuance | $317M |
| Common Stock Repurchased | -$653M |
| Common Dividends Paid | -$53M |
| Other Financing Activities | -$8M |
| NET CASH FROM FINANCING | -$398M |
| FREE CASH FLOW | $417M |
| Net Change in Cash | $8M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $54M |
| Short-Term Investments | $0 |
| Net Receivables | $233M |
| Inventory | $22M |
| Other Current Assets | $11M |
| TOTAL CURRENT ASSETS | $478M |
| PP&E (Net) | $1.5B |
| Goodwill | $2.3B |
| Intangible Assets | $2.5B |
| Long-Term Investments | $960M |
| Tax Assets | $293M |
| Other Non-Current Assets | $138M |
| TOTAL NON-CURRENT ASSETS | $7.7B |
| TOTAL ASSETS | $8.2B |
| Account Payables | $736M |
| Short-Term Debt | $3M |
| Deferred Revenue | $1.9B |
| Other Current Liabilities | $4M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $6.9B |
| Deferred Revenue NC | $149M |
| Deferred Tax Liabilities | $47M |
| Other Non-Current Liabilities | $106M |
| TOTAL NON-CURRENT LIABILITIES | $7.2B |
| TOTAL LIABILITIES | $10.0B |
| Common Stock | $4M |
| Additional Paid-In Capital | $242M |
| Retained Earnings | -$2.1B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$6M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | -$1.8B |
| Minority Interest | $0 |
| TOTAL EQUITY | -$1.8B |
| TOTAL LIABILITIES & EQUITY | $8.2B |
| Total Debt | $6.9B |
| Net Debt | $6.8B |
