| Metric | Q4 2019 | Q3 2019 | Q4 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $6.1B | — | $5.6B | — | 7.8% |
| Op. Income | $581M | — | $679M | — | -14.5% |
| Gross Margin | 50.1% | — | 51.3% | — | -1.1pp |
| Net Margin | -10.4% | — | 2.0% | — | -12.3pp |
| EPS (Diluted) | $-1.02 | — | $0.18 | — | -668.9% |
| Free Cash Flow | -$371M | — | -$93M | — | -298.8% |
| Item | Amount |
|---|---|
| REVENUE | $6.1B |
| Cost of Revenue | $3.0B |
| GROSS PROFIT | $3.0B |
| R&D Expenses | $0 |
| Selling & Marketing | $244M |
| General & Administrative | $1.1B |
| SG&A Expenses | $1.3B |
| Other Expenses | $0 |
| Operating Expenses | $3.6B |
| Cost & Expenses | $6.6B |
| OPERATING INCOME | $581M |
| Interest Income | $155M |
| Interest Expense | $0 |
| Other Income/Expenses | -$1.1B |
| INCOME BEFORE TAX | -$708M |
| Income Tax Expense | $115M |
| Net Income from Continuing Ops | $73M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$685M |
| NET INCOME | -$630M |
| Net Income Deductions | -$685M |
| BOTTOM LINE NET INCOME | $55M |
| D&A | $580M |
| EBIT | $340M |
| EBITDA | $1.2B |
| EPS | -$1 |
| EPS Diluted | -$1 |
| Item | Amount |
|---|---|
| Net Income | -$630M |
| Depreciation & Amortization | $580M |
| Stock-Based Compensation | $74M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $1.2B |
| Change in Working Capital | -$48M |
| OPERATING CASH FLOW | $1.2B |
| Capital Expenditure | -$1.5B |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $37M |
| NET CASH FROM INVESTING | -$1.5B |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$61M |
| Other Financing Activities | $622M |
| NET CASH FROM FINANCING | $351M |
| FREE CASH FLOW | -$371M |
| Net Change in Cash | $6M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $958M |
| Short-Term Investments | $0 |
| Net Receivables | $1.4B |
| Inventory | $1.8B |
| Other Current Assets | $600M |
| TOTAL CURRENT ASSETS | $4.7B |
| PP&E (Net) | $21.8B |
| Goodwill | $0 |
| Intangible Assets | $203M |
| Long-Term Investments | $790M |
| Tax Assets | $0 |
| Other Non-Current Assets | $857M |
| TOTAL NON-CURRENT ASSETS | $23.7B |
| TOTAL ASSETS | $28.4B |
| Account Payables | $815M |
| Short-Term Debt | $893M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $1.4B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $5.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $5.5B |
| TOTAL NON-CURRENT LIABILITIES | $11.8B |
| TOTAL LIABILITIES | $14.7B |
| Common Stock | $597M |
| Additional Paid-In Capital | $0 |
| Retained Earnings | $11.0B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $1.7B |
| Other Equity | -$186M |
| TOTAL STOCKHOLDERS' EQUITY | $13.3B |
| Minority Interest | $355M |
| TOTAL EQUITY | $13.6B |
| TOTAL LIABILITIES & EQUITY | $28.4B |
| Total Debt | $8.3B |
| Net Debt | $7.4B |
