| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $398M | $401M | $309M | -0.7% | 28.6% |
| Op. Income | $46M | $77M | $67M | -40.8% | -31.2% |
| Gross Margin | 38.8% | 38.0% | 51.2% | 0.8pp | -12.4pp |
| Net Margin | 4.7% | 97.7% | 51.5% | -92.9pp | -46.8pp |
| EPS (Diluted) | $0.08 | $1.60 | $0.64 | -95.1% | -87.8% |
| Free Cash Flow | -$36M | $65M | $47M | -154.4% | -175.9% |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $37M |
| Operating Expenses | $108M |
| Cost & Expenses | $352M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $551.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $34M |
| EBIT | $49M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $398M |
| Cost of Revenue | $244M |
| GROSS PROFIT | $154M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $71M |
| SG&A Expenses | $71M |
| Other Expenses | $37M |
| Operating Expenses | $108M |
| Cost & Expenses | $352M |
| OPERATING INCOME | $46M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$26M |
| INCOME BEFORE TAX | $19M |
| Income Tax Expense | $551.0K |
| Net Income from Continuing Ops | $19M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $19M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $19M |
| D&A | $34M |
| EBIT | $49M |
| EBITDA | $83M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $19M |
| Depreciation & Amortization | $34M |
| Stock-Based Compensation | $4M |
| Deferred Income Tax | -$5M |
| Other Non-Cash Items | -$2M |
| Change in Working Capital | -$55M |
| OPERATING CASH FLOW | -$5M |
| Capital Expenditure | -$30M |
| Acquisitions (Net) | $360.0K |
| Purchases of Investments | $13.0K |
| Sales/Maturities of Investments | -$13.0K |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$29M |
| Net Debt Issuance | -$7M |
| Common Stock Repurchased | -$130M |
| Common Dividends Paid | -$20M |
| Other Financing Activities | -$1M |
| NET CASH FROM FINANCING | -$155M |
| FREE CASH FLOW | -$36M |
| Net Change in Cash | -$194M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $431M |
| Short-Term Investments | $0 |
| Net Receivables | $110M |
| Inventory | $4M |
| Other Current Assets | $106M |
| TOTAL CURRENT ASSETS | $666M |
| PP&E (Net) | $1.2B |
| Goodwill | $748M |
| Intangible Assets | $1.3B |
| Long-Term Investments | $274M |
| Tax Assets | $0 |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $3.6B |
| TOTAL ASSETS | $4.3B |
| Account Payables | $22M |
| Short-Term Debt | $23M |
| Deferred Revenue | $151M |
| Other Current Liabilities | $22M |
| TOTAL CURRENT LIABILITIES | $284M |
| Long-Term Debt | $2.3B |
| Deferred Revenue NC | $92M |
| Deferred Tax Liabilities | $269M |
| Other Non-Current Liabilities | $245M |
| TOTAL NON-CURRENT LIABILITIES | $3.4B |
| TOTAL LIABILITIES | $3.6B |
| Common Stock | $47M |
| Additional Paid-In Capital | $2.9B |
| Retained Earnings | $146M |
| Treasury Stock | -$2.4B |
| Accum. Other Comp. Income | -$62M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $648M |
| Minority Interest | $0 |
| TOTAL EQUITY | $648M |
| TOTAL LIABILITIES & EQUITY | $4.3B |
| Total Debt | $2.8B |
| Net Debt | $2.4B |
