Reported September 29, 2018
| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $1.9B | — | 8.8% | — |
| Op. Income | $656M | $417M | — | 57.0% | — |
| Gross Margin | 63.3% | 60.4% | — | 2.9pp | — |
| Net Margin | 15.9% | 9.3% | — | 6.6pp | — |
| EPS (Diluted) | $0.32 | $0.17 | — | 86.7% | — |
| Free Cash Flow | $62M | -$68M | — | 191.5% | — |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $59M |
| General & Administrative | $258M |
| SG&A Expenses | $317M |
| Other Expenses | $237M |
| Operating Expenses | $554M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $656M |
| Interest Income | $11M |
| Interest Expense | $61M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $606M |
| Income Tax Expense | $150M |
| Net Income from Continuing Ops | $455M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $320M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $320M |
| D&A | $320M |
| EBIT | $667M |
| EBITDA | $987M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $738M |
| GROSS PROFIT | $1.3B |
| R&D Expenses | $0 |
| Selling & Marketing | $59M |
| General & Administrative | $258M |
| SG&A Expenses | $317M |
| Other Expenses | $237M |
| Operating Expenses | $554M |
| Cost & Expenses | $1.3B |
| OPERATING INCOME | $656M |
| Interest Income | $11M |
| Interest Expense | $61M |
| Other Income/Expenses | -$50M |
| INCOME BEFORE TAX | $606M |
| Income Tax Expense | $150M |
| Net Income from Continuing Ops | $455M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $320M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $320M |
| D&A | $320M |
| EBIT | $667M |
| EBITDA | $987M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $320M |
| Depreciation & Amortization | $320M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $82M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $722M |
| Capital Expenditure | -$661M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $88M |
| NET CASH FROM INVESTING | -$572M |
| Net Debt Issuance | -$342M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $1M |
| NET CASH FROM FINANCING | -$341M |
| FREE CASH FLOW | $62M |
| Net Change in Cash | -$183M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $790M |
| Short-Term Investments | $63M |
| Net Receivables | $1.0B |
| Inventory | $45M |
| Other Current Assets | $636M |
| TOTAL CURRENT ASSETS | $2.7B |
| PP&E (Net) | $8.0B |
| Goodwill | $53M |
| Intangible Assets | $290M |
| Long-Term Investments | $141M |
| Tax Assets | $153M |
| Other Non-Current Assets | $483M |
| TOTAL NON-CURRENT ASSETS | $9.2B |
| TOTAL ASSETS | $11.8B |
| Account Payables | $831M |
| Short-Term Debt | $625M |
| Deferred Revenue | $388M |
| Other Current Liabilities | $3.3B |
| TOTAL CURRENT LIABILITIES | $2.9B |
| Long-Term Debt | $1.9B |
| Deferred Revenue NC | $42M |
| Deferred Tax Liabilities | $53M |
| Other Non-Current Liabilities | $687M |
| TOTAL NON-CURRENT LIABILITIES | $2.8B |
| TOTAL LIABILITIES | $5.7B |
| Common Stock | $286M |
| Additional Paid-In Capital | $143M |
| Retained Earnings | $3.9B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $886M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.2B |
| Minority Interest | $911M |
| TOTAL EQUITY | $6.1B |
| TOTAL LIABILITIES & EQUITY | $11.8B |
| Total Debt | $2.7B |
| Net Debt | $1.9B |