| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $652M | $807M | $633M | -19.2% | 3.0% |
| Op. Income | $195M | $349M | $236M | -44.1% | -17.2% |
| Gross Margin | 47.6% | 51.0% | 42.1% | -3.4pp | 5.5pp |
| Net Margin | 45.2% | -2.7% | 11.4% | 47.9pp | 33.9pp |
| EPS (Diluted) | $0.27 | $-0.02 | $0.06 | 1460.4% | 332.3% |
| Free Cash Flow | $161M | $100M | $74M | 60.0% | 116.0% |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $341M |
| GROSS PROFIT | $310M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $83M |
| SG&A Expenses | $86M |
| Other Expenses | $30M |
| Operating Expenses | $116M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $195M |
| Interest Income | $928M |
| Interest Expense | $0 |
| Other Income/Expenses | $251M |
| INCOME BEFORE TAX | $447M |
| Income Tax Expense | $152M |
| Net Income from Continuing Ops | $295M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$272.8K |
| NET INCOME | $295M |
| Net Income Deductions | -$272.8K |
| BOTTOM LINE NET INCOME | $295M |
| D&A | $78M |
| EBIT | -$583M |
| EBITDA | $172M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $652M |
| Cost of Revenue | $341M |
| GROSS PROFIT | $310M |
| R&D Expenses | $0 |
| Selling & Marketing | $3M |
| General & Administrative | $83M |
| SG&A Expenses | $86M |
| Other Expenses | $30M |
| Operating Expenses | $116M |
| Cost & Expenses | $458M |
| OPERATING INCOME | $195M |
| Interest Income | $928M |
| Interest Expense | $0 |
| Other Income/Expenses | $251M |
| INCOME BEFORE TAX | $447M |
| Income Tax Expense | $152M |
| Net Income from Continuing Ops | $295M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | -$272.8K |
| NET INCOME | $295M |
| Net Income Deductions | -$272.8K |
| BOTTOM LINE NET INCOME | $295M |
| D&A | $78M |
| EBIT | -$583M |
| EBITDA | $172M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $295M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $3M |
| Deferred Income Tax | $118M |
| Other Non-Cash Items | $87M |
| Change in Working Capital | -$109M |
| OPERATING CASH FLOW | $297M |
| Capital Expenditure | -$136M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$2.0B |
| NET CASH FROM INVESTING | -$2.1B |
| Net Debt Issuance | $2.4B |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | -$68M |
| NET CASH FROM FINANCING | $2.4B |
| FREE CASH FLOW | $161M |
| Net Change in Cash | $540M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $884M |
| Short-Term Investments | $4.3B |
| Net Receivables | $511M |
| Inventory | $373M |
| Other Current Assets | $186M |
| TOTAL CURRENT ASSETS | $6.2B |
| PP&E (Net) | $3.4B |
| Goodwill | $32M |
| Intangible Assets | $37M |
| Long-Term Investments | $3M |
| Tax Assets | $2M |
| Other Non-Current Assets | $1.2B |
| TOTAL NON-CURRENT ASSETS | $4.7B |
| TOTAL ASSETS | $10.9B |
| Account Payables | $127M |
| Short-Term Debt | $689M |
| Deferred Revenue | $15M |
| Other Current Liabilities | $356M |
| TOTAL CURRENT LIABILITIES | $1.2B |
| Long-Term Debt | $6.5B |
| Deferred Revenue NC | $392M |
| Deferred Tax Liabilities | $209M |
| Other Non-Current Liabilities | $321M |
| TOTAL NON-CURRENT LIABILITIES | $7.2B |
| TOTAL LIABILITIES | $8.4B |
| Common Stock | $1.3B |
| Additional Paid-In Capital | $1.3B |
| Retained Earnings | $603M |
| Treasury Stock | -$44M |
| Accum. Other Comp. Income | $604M |
| Other Equity | -$1.3B |
| TOTAL STOCKHOLDERS' EQUITY | $2.4B |
| Minority Interest | $3M |
| TOTAL EQUITY | $2.4B |
| TOTAL LIABILITIES & EQUITY | $10.9B |
| Total Debt | $7.2B |
| Net Debt | $6.3B |
