| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.1B | $1.9B | $2.4B | 8.3% | -11.3% |
| Op. Income | $627M | $363M | $543M | 72.6% | 15.4% |
| Gross Margin | 43.5% | 33.5% | 34.4% | 10.0pp | 9.2pp |
| Net Margin | 21.5% | 12.5% | 17.7% | 8.9pp | 3.8pp |
| EPS (Diluted) | $1.43 | $0.77 | $1.33 | 85.7% | 7.5% |
| Free Cash Flow | $194M | -$245M | $377M | 179.5% | -48.4% |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $918M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $292M |
| Operating Expenses | $292M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $627M |
| Interest Income | $0 |
| Interest Expense | $129M |
| Other Income/Expenses | -$84M |
| INCOME BEFORE TAX | $543M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $453M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $453M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $453M |
| D&A | $239M |
| EBIT | $672M |
| EBITDA | $911M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $2.1B |
| Cost of Revenue | $1.2B |
| GROSS PROFIT | $918M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $0 |
| Other Expenses | $292M |
| Operating Expenses | $292M |
| Cost & Expenses | $1.5B |
| OPERATING INCOME | $627M |
| Interest Income | $0 |
| Interest Expense | $129M |
| Other Income/Expenses | -$84M |
| INCOME BEFORE TAX | $543M |
| Income Tax Expense | $90M |
| Net Income from Continuing Ops | $453M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $300.0K |
| NET INCOME | $453M |
| Net Income Deductions | $300.0K |
| BOTTOM LINE NET INCOME | $453M |
| D&A | $239M |
| EBIT | $672M |
| EBITDA | $911M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $453M |
| Depreciation & Amortization | $239M |
| Stock-Based Compensation | $0 |
| Deferred Income Tax | $92M |
| Other Non-Cash Items | -$36M |
| Change in Working Capital | -$57M |
| OPERATING CASH FLOW | $691M |
| Capital Expenditure | -$496M |
| Acquisitions (Net) | -$3M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $19M |
| NET CASH FROM INVESTING | -$463M |
| Net Debt Issuance | -$18M |
| Common Stock Repurchased | -$40M |
| Common Dividends Paid | -$200M |
| Other Financing Activities | $13M |
| NET CASH FROM FINANCING | -$244M |
| FREE CASH FLOW | $194M |
| Net Change in Cash | -$17M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $15M |
| Short-Term Investments | $0 |
| Net Receivables | $1.2B |
| Inventory | $391M |
| Other Current Assets | $62M |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $23.8B |
| Goodwill | $3.1B |
| Intangible Assets | $0 |
| Long-Term Investments | $1.7B |
| Tax Assets | $0 |
| Other Non-Current Assets | $4.4B |
| TOTAL NON-CURRENT ASSETS | $33.0B |
| TOTAL ASSETS | $34.8B |
| Account Payables | $598M |
| Short-Term Debt | $1.5B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $600M |
| TOTAL CURRENT LIABILITIES | $2.8B |
| Long-Term Debt | $11.2B |
| Deferred Revenue NC | $429M |
| Deferred Tax Liabilities | $3.9B |
| Other Non-Current Liabilities | $6.0B |
| TOTAL NON-CURRENT LIABILITIES | $21.5B |
| TOTAL LIABILITIES | $24.3B |
| Common Stock | $3M |
| Additional Paid-In Capital | $4.2B |
| Retained Earnings | $6.2B |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | -$7M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $10.4B |
| Minority Interest | $110M |
| TOTAL EQUITY | $10.5B |
| TOTAL LIABILITIES & EQUITY | $34.8B |
| Total Debt | $12.7B |
| Net Debt | $12.7B |
