| Metric | Q1 2019 | Q4 2018 | Q1 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $363M | $440M | $815M | -17.6% | -55.5% |
| Op. Income | $76M | $208M | $555M | -63.4% | -86.2% |
| Gross Margin | 52.6% | 68.9% | 81.3% | -16.3pp | -28.6pp |
| Net Margin | -1.8% | 18.4% | 21.4% | -20.2pp | -23.3pp |
| EPS (Diluted) | $-0.07 | $0.74 | $1.86 | -109.5% | -103.8% |
| Free Cash Flow | -$215M | $393M | $115M | -154.6% | -287.4% |
| Item | Amount |
|---|---|
| REVENUE | $363M |
| Cost of Revenue | $172M |
| GROSS PROFIT | $191M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $42M |
| SG&A Expenses | $42M |
| Other Expenses | $73M |
| Operating Expenses | $115M |
| Cost & Expenses | $287M |
| OPERATING INCOME | $76M |
| Interest Income | $0 |
| Interest Expense | $68M |
| Other Income/Expenses | -$92M |
| INCOME BEFORE TAX | -$16M |
| Income Tax Expense | -$3M |
| Net Income from Continuing Ops | -$14M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$7M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$7M |
| D&A | $27M |
| EBIT | $52M |
| EBITDA | $79M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$7M |
| Depreciation & Amortization | $27M |
| Stock-Based Compensation | $22M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$459M |
| Change in Working Capital | $201M |
| OPERATING CASH FLOW | -$210M |
| Capital Expenditure | -$5M |
| Acquisitions (Net) | -$836M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$8M |
| NET CASH FROM INVESTING | -$848M |
| Net Debt Issuance | $1.2B |
| Common Stock Repurchased | -$9M |
| Common Dividends Paid | -$26M |
| Other Financing Activities | -$36M |
| NET CASH FROM FINANCING | $1.1B |
| FREE CASH FLOW | -$215M |
| Net Change in Cash | $52M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $771M |
| Short-Term Investments | $0 |
| Net Receivables | $1.3B |
| Inventory | $0 |
| Other Current Assets | $17M |
| TOTAL CURRENT ASSETS | $2.1B |
| PP&E (Net) | $505M |
| Goodwill | $1.2B |
| Intangible Assets | $553M |
| Long-Term Investments | $4.2B |
| Tax Assets | $215M |
| Other Non-Current Assets | $272M |
| TOTAL NON-CURRENT ASSETS | $7.0B |
| TOTAL ASSETS | $9.1B |
| Account Payables | $1.4B |
| Short-Term Debt | $160M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $1.8B |
| Long-Term Debt | $3.1B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $66M |
| Other Non-Current Liabilities | $2.3B |
| TOTAL NON-CURRENT LIABILITIES | $5.8B |
| TOTAL LIABILITIES | $7.6B |
| Common Stock | $2.0K |
| Additional Paid-In Capital | $1.0B |
| Retained Earnings | $55M |
| Treasury Stock | -$55M |
| Accum. Other Comp. Income | -$2M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.0B |
| Minority Interest | $397M |
| TOTAL EQUITY | $1.4B |
| TOTAL LIABILITIES & EQUITY | $9.1B |
| Total Debt | $3.6B |
| Net Debt | $2.9B |
