Reported March 30, 2019
| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | — | $1.9B | — | 7.7% |
| Op. Income | $695M | — | $629M | — | 10.6% |
| Gross Margin | 65.6% | — | 65.8% | — | -0.1pp |
| Net Margin | 17.9% | — | 17.7% | — | 0.1pp |
| EPS (Diluted) | $0.36 | — | $0.33 | — | 8.6% |
| Free Cash Flow | $491M | — | $217M | — | 125.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $692M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $52M |
| General & Administrative | $227M |
| SG&A Expenses | $280M |
| Other Expenses | $344M |
| Operating Expenses | $624M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $695M |
| Interest Income | $16M |
| Interest Expense | $58M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $655M |
| Income Tax Expense | $163M |
| Net Income from Continuing Ops | $491M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $360M |
| D&A | $326M |
| EBIT | $712M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $692M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $52M |
| General & Administrative | $227M |
| SG&A Expenses | $280M |
| Other Expenses | $344M |
| Operating Expenses | $624M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $695M |
| Interest Income | $16M |
| Interest Expense | $58M |
| Other Income/Expenses | -$40M |
| INCOME BEFORE TAX | $655M |
| Income Tax Expense | $163M |
| Net Income from Continuing Ops | $491M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $360M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $360M |
| D&A | $326M |
| EBIT | $712M |
| EBITDA | $1.0B |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $360M |
| Depreciation & Amortization | $326M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $69M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $755M |
| Capital Expenditure | -$264M |
| Acquisitions (Net) | -$64M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$31M |
| NET CASH FROM INVESTING | -$359M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $3M |
| NET CASH FROM FINANCING | -$52M |
| FREE CASH FLOW | $491M |
| Net Change in Cash | $343M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.4B |
| Short-Term Investments | $73M |
| Net Receivables | $897M |
| Inventory | $37M |
| Other Current Assets | $598M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $8.4B |
| Goodwill | $63M |
| Intangible Assets | $352M |
| Long-Term Investments | $145M |
| Tax Assets | $148M |
| Other Non-Current Assets | $468M |
| TOTAL NON-CURRENT ASSETS | $9.6B |
| TOTAL ASSETS | $12.7B |
| Account Payables | $1.0B |
| Short-Term Debt | $594M |
| Deferred Revenue | $387M |
| Other Current Liabilities | $3.5B |
| TOTAL CURRENT LIABILITIES | $3.0B |
| Long-Term Debt | $1.8B |
| Deferred Revenue NC | $42M |
| Deferred Tax Liabilities | $75M |
| Other Non-Current Liabilities | $413M |
| TOTAL NON-CURRENT LIABILITIES | $2.4B |
| TOTAL LIABILITIES | $5.4B |
| Common Stock | $286M |
| Additional Paid-In Capital | $142M |
| Retained Earnings | $4.7B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $886M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $6.1B |
| Minority Interest | $1.2B |
| TOTAL EQUITY | $7.3B |
| TOTAL LIABILITIES & EQUITY | $12.7B |
| Total Debt | $2.5B |
| Net Debt | $1.2B |