| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $1.1B | $992M | $438M | 12.0% | 153.4% |
| Op. Income | $212M | $181M | $113M | 17.6% | 87.5% |
| Gross Margin | 42.6% | 41.5% | 48.6% | 1.0pp | -6.0pp |
| Net Margin | 5.3% | 5.7% | 37.7% | -0.5pp | -32.4pp |
| EPS (Diluted) | $0.23 | $0.23 | $0.77 | 0.0% | -70.1% |
| Free Cash Flow | $286M | $184M | $155M | 55.8% | 84.5% |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $638M |
| GROSS PROFIT | $473M |
| R&D Expenses | $104M |
| Selling & Marketing | $75M |
| General & Administrative | $81M |
| SG&A Expenses | $155M |
| Other Expenses | $1M |
| Operating Expenses | $261M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $97M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $176M |
| EBIT | $215M |
| EBITDA | $391M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $1.1B |
| Cost of Revenue | $638M |
| GROSS PROFIT | $473M |
| R&D Expenses | $104M |
| Selling & Marketing | $75M |
| General & Administrative | $81M |
| SG&A Expenses | $155M |
| Other Expenses | $1M |
| Operating Expenses | $261M |
| Cost & Expenses | $899M |
| OPERATING INCOME | $212M |
| Interest Income | $0 |
| Interest Expense | $97M |
| Other Income/Expenses | -$103M |
| INCOME BEFORE TAX | $109M |
| Income Tax Expense | $50M |
| Net Income from Continuing Ops | $59M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $59M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $59M |
| D&A | $176M |
| EBIT | $215M |
| EBITDA | $391M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $59M |
| Depreciation & Amortization | $176M |
| Stock-Based Compensation | $21M |
| Deferred Income Tax | $700.0K |
| Other Non-Cash Items | $20M |
| Change in Working Capital | $42M |
| OPERATING CASH FLOW | $318M |
| Capital Expenditure | -$31M |
| Acquisitions (Net) | -$2.4B |
| Purchases of Investments | -$1M |
| Sales/Maturities of Investments | $25M |
| Other Investing Activities | $7M |
| NET CASH FROM INVESTING | -$2.4B |
| Net Debt Issuance | $1.6B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$20M |
| Other Financing Activities | $399M |
| NET CASH FROM FINANCING | $2.0B |
| FREE CASH FLOW | $286M |
| Net Change in Cash | -$160M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $167M |
| Short-Term Investments | $0 |
| Net Receivables | $1.7B |
| Inventory | $0 |
| Other Current Assets | $6M |
| TOTAL CURRENT ASSETS | $2.0B |
| PP&E (Net) | $553M |
| Goodwill | $7.9B |
| Intangible Assets | $5.0B |
| Long-Term Investments | $430M |
| Tax Assets | $5M |
| Other Non-Current Assets | $210M |
| TOTAL NON-CURRENT ASSETS | $14.1B |
| TOTAL ASSETS | $16.1B |
| Account Payables | $41M |
| Short-Term Debt | $88M |
| Deferred Revenue | $246M |
| Other Current Liabilities | $1.3B |
| TOTAL CURRENT LIABILITIES | $1.9B |
| Long-Term Debt | $8.2B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $1.2B |
| Other Non-Current Liabilities | $236M |
| TOTAL NON-CURRENT LIABILITIES | $9.6B |
| TOTAL LIABILITIES | $11.5B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.1B |
| Retained Earnings | $847M |
| Treasury Stock | -$18M |
| Accum. Other Comp. Income | -$343M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.6B |
| Minority Interest | $0 |
| TOTAL EQUITY | $4.6B |
| TOTAL LIABILITIES & EQUITY | $16.1B |
| Total Debt | $8.3B |
| Net Debt | $8.1B |
