| Metric | Q4 2018 | Q3 2018 | Q4 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $822M | $618M | $633M | 32.9% | 29.9% |
| Op. Income | $198M | $159M | $179M | 24.0% | 10.4% |
| Gross Margin | 27.5% | 31.3% | 31.2% | -3.8pp | -3.7pp |
| Net Margin | 22.7% | 25.0% | 28.2% | -2.4pp | -5.6pp |
| EPS (Diluted) | $0.24 | $0.20 | $0.25 | 20.9% | -5.3% |
| Free Cash Flow | -$222M | $133M | -$175M | -266.9% | -26.7% |
| Item | Amount |
|---|---|
| REVENUE | $822M |
| Cost of Revenue | $595M |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | -$12M |
| Operating Expenses | $29M |
| Cost & Expenses | $624M |
| OPERATING INCOME | $198M |
| Interest Income | $21M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $219M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $186M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $186M |
| D&A | $0 |
| EBIT | $219M |
| EBITDA | $219M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $822M |
| Cost of Revenue | $595M |
| GROSS PROFIT | $226M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $40M |
| Other Expenses | -$12M |
| Operating Expenses | $29M |
| Cost & Expenses | $624M |
| OPERATING INCOME | $198M |
| Interest Income | $21M |
| Interest Expense | $0 |
| Other Income/Expenses | $22M |
| INCOME BEFORE TAX | $219M |
| Income Tax Expense | $33M |
| Net Income from Continuing Ops | $187M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $186M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $186M |
| D&A | $0 |
| EBIT | $219M |
| EBITDA | $219M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $186M |
| Depreciation & Amortization | $37M |
| Stock-Based Compensation | $2M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $77M |
| Change in Working Capital | -$178M |
| OPERATING CASH FLOW | $263M |
| Capital Expenditure | -$485M |
| Acquisitions (Net) | -$16M |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$486M |
| NET CASH FROM INVESTING | -$486M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | -$112M |
| Common Dividends Paid | -$131M |
| Other Financing Activities | -$22M |
| NET CASH FROM FINANCING | -$22M |
| FREE CASH FLOW | -$222M |
| Net Change in Cash | -$241M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $675M |
| Short-Term Investments | $2.0B |
| Net Receivables | $87M |
| Inventory | $6M |
| Other Current Assets | $277M |
| TOTAL CURRENT ASSETS | $3.1B |
| PP&E (Net) | $1.3B |
| Goodwill | $619M |
| Intangible Assets | $296M |
| Long-Term Investments | $322M |
| Tax Assets | $46M |
| Other Non-Current Assets | $91M |
| TOTAL NON-CURRENT ASSETS | $2.7B |
| TOTAL ASSETS | $5.8B |
| Account Payables | $192M |
| Short-Term Debt | $0 |
| Deferred Revenue | $64M |
| Other Current Liabilities | $145M |
| TOTAL CURRENT LIABILITIES | $751M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $23M |
| Other Non-Current Liabilities | $17M |
| TOTAL NON-CURRENT LIABILITIES | $40M |
| TOTAL LIABILITIES | $791M |
| Common Stock | $76.4K |
| Additional Paid-In Capital | $3.5B |
| Retained Earnings | $1.6B |
| Treasury Stock | -$226M |
| Accum. Other Comp. Income | $83M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $5.0B |
| Minority Interest | $8M |
| TOTAL EQUITY | $5.0B |
| TOTAL LIABILITIES & EQUITY | $5.8B |
| Total Debt | $0 |
| Net Debt | -$675M |
