| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $803M | $829M | $797M | -3.1% | 0.8% |
| Op. Income | $122M | $138M | $93M | -11.9% | 30.7% |
| Gross Margin | 23.4% | 24.9% | 20.5% | -1.6pp | 2.9pp |
| Net Margin | 8.4% | 10.0% | 36.4% | -1.7pp | -28.0pp |
| EPS (Diluted) | $1.28 | $1.57 | $5.46 | -18.5% | -76.6% |
| Free Cash Flow | -$25M | -$89M | $35M | 72.3% | -170.6% |
| Item | Amount |
|---|---|
| REVENUE | $803M |
| Cost of Revenue | $616M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $150.0K |
| Operating Expenses | $66M |
| Cost & Expenses | $682M |
| OPERATING INCOME | $122M |
| Interest Income | $3M |
| Interest Expense | $34M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $3M |
| EBIT | $125M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $803M |
| Cost of Revenue | $616M |
| GROSS PROFIT | $188M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $150.0K |
| Operating Expenses | $66M |
| Cost & Expenses | $682M |
| OPERATING INCOME | $122M |
| Interest Income | $3M |
| Interest Expense | $34M |
| Other Income/Expenses | -$31M |
| INCOME BEFORE TAX | $91M |
| Income Tax Expense | $24M |
| Net Income from Continuing Ops | $67M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $67M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $67M |
| D&A | $3M |
| EBIT | $125M |
| EBITDA | $125M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $67M |
| Depreciation & Amortization | $88M |
| Stock-Based Compensation | $13M |
| Deferred Income Tax | $99M |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$43M |
| OPERATING CASH FLOW | $229M |
| Capital Expenditure | -$254M |
| Acquisitions (Net) | $28M |
| Purchases of Investments | -$733M |
| Sales/Maturities of Investments | $752M |
| Other Investing Activities | -$34M |
| NET CASH FROM INVESTING | -$241M |
| Net Debt Issuance | $51M |
| Common Stock Repurchased | -$16M |
| Common Dividends Paid | -$5M |
| Other Financing Activities | -$14M |
| NET CASH FROM FINANCING | $15M |
| FREE CASH FLOW | -$25M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $328M |
| Short-Term Investments | $361M |
| Net Receivables | $90M |
| Inventory | $128M |
| Other Current Assets | $27M |
| TOTAL CURRENT ASSETS | $1.0B |
| PP&E (Net) | $5.0B |
| Goodwill | $0 |
| Intangible Assets | $0 |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $287M |
| TOTAL NON-CURRENT ASSETS | $5.3B |
| TOTAL ASSETS | $6.3B |
| Account Payables | $332M |
| Short-Term Debt | $350M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $65M |
| TOTAL CURRENT LIABILITIES | $925M |
| Long-Term Debt | $2.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $518M |
| Other Non-Current Liabilities | $96M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $4.3B |
| Common Stock | $691M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $1.8B |
| Treasury Stock | -$503M |
| Accum. Other Comp. Income | -$32.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $6.3B |
| Total Debt | $3.2B |
| Net Debt | $2.8B |
