| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $1.1B | $422M | 2.4% | 169.5% |
| Op. Income | $202M | $212M | $87M | -4.9% | 132.5% |
| Gross Margin | 41.8% | 42.6% | 45.6% | -0.8pp | -3.8pp |
| Net Margin | 7.1% | 5.3% | 12.2% | 1.8pp | -5.1pp |
| EPS (Diluted) | $0.31 | $0.23 | $0.24 | 34.8% | 29.2% |
| Free Cash Flow | $105M | $286M | $59M | -63.4% | 78.0% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $662M |
| GROSS PROFIT | $475M |
| R&D Expenses | $95M |
| Selling & Marketing | $87M |
| General & Administrative | $92M |
| SG&A Expenses | $179M |
| Other Expenses | $0 |
| Operating Expenses | $273M |
| Cost & Expenses | $935M |
| OPERATING INCOME | $202M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $203M |
| EBIT | $198M |
| EBITDA | $401M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $662M |
| GROSS PROFIT | $475M |
| R&D Expenses | $95M |
| Selling & Marketing | $87M |
| General & Administrative | $92M |
| SG&A Expenses | $179M |
| Other Expenses | $0 |
| Operating Expenses | $273M |
| Cost & Expenses | $935M |
| OPERATING INCOME | $202M |
| Interest Income | $0 |
| Interest Expense | $102M |
| Other Income/Expenses | -$105M |
| INCOME BEFORE TAX | $97M |
| Income Tax Expense | $16M |
| Net Income from Continuing Ops | $81M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $81M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $81M |
| D&A | $203M |
| EBIT | $198M |
| EBITDA | $401M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $81M |
| Depreciation & Amortization | $203M |
| Stock-Based Compensation | $20M |
| Deferred Income Tax | -$30M |
| Other Non-Cash Items | -$200.0K |
| Change in Working Capital | -$137M |
| OPERATING CASH FLOW | $137M |
| Capital Expenditure | -$33M |
| Acquisitions (Net) | $3M |
| Purchases of Investments | -$16M |
| Sales/Maturities of Investments | $11M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$16M |
| Net Debt Issuance | -$138M |
| Common Stock Repurchased | -$10M |
| Common Dividends Paid | -$25M |
| Other Financing Activities | -$48M |
| NET CASH FROM FINANCING | -$212M |
| FREE CASH FLOW | $105M |
| Net Change in Cash | -$90M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $155M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $156M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $889M |
| Goodwill | $7.9B |
| Intangible Assets | $5.0B |
| Long-Term Investments | $430M |
| Tax Assets | $6M |
| Other Non-Current Assets | $33M |
| TOTAL NON-CURRENT ASSETS | $14.3B |
| TOTAL ASSETS | $16.2B |
| Account Payables | $42M |
| Short-Term Debt | $86M |
| Deferred Revenue | $261M |
| Other Current Liabilities | $1.1B |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $8.0B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $204M |
| TOTAL NON-CURRENT LIABILITIES | $9.8B |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $903M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$301M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.7B |
| TOTAL LIABILITIES & EQUITY | $16.2B |
| Total Debt | $8.5B |
| Net Debt | $8.3B |
